AG Squawk with Mike Castle of Stone X | Report Day Whiplash In The Grain Markets
Futures Trading involves risk of loss and is not suitable for everyone. Past profits are not necessarily indicative of future results/profits.
Report day brings a fast burst of green in corn and soybeans, then the market cools off as we sort short covering from real fundamentals. We talk through the USDA June acreage and stocks numbers with StoneX economist Mike Castle and map what could still change the summer trade.
• managed money rotation between commodities and equities and why it matters for grain volatility
• corn acres holding near 95.3 million and the bullish tilt from lower June 1…
The skinny
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