09.10.2008 - Commodities markets react to outside pressure
From Brownfieldnetwork.com: Not just stock market losses this week - most commodities futures prices have taken a big drop as well, especially for grains and oilseeds. USDA grains analyst Jerry Norton says it’s not because of any new problems with world grain production, “What’s really going on is these markets are responding to the financial pressure from the outside forces.I think it’s mostly about just responding to the financial situation – you know, money’s exiting the futures markets..... Full Article: Source
Print