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Inflation Fears and Uncertainty Push Commodities Lower | Channel Final Bell with Mike Zuzulo
Published 1 week, 1 day ago
Description
Grains closed lower today with sinking crude oil and fund liquidation as outside markets heavily weighed on commodities.
Accrued losses in oil and higher production costs don't seem to be priced into grains enough.
Feeder cattle were limit down ahead of tomorrow's Cattle on Feed report.
Mike Zuzulo with Global Commodity Analytics recaps today's trade.