Has demand reached its peak? — This week in the grain markets

by

Opinion

Grain markets finished the last week of October in the red, but the pull-back this past week was not enough to keep the complex from having a positive monthly performance for front-month futures contracts. To finish off the month of October, a lot of trading activity circled around a few key factors: La Nina/dryness issues, the U.S. Presidential election on Tuesday, November 3rd , and money managers adjusting their positions for month’s end, as well as the aforementioned vote on who gets to sit in the Oval Office for the next 4 years. However, for equity markets, new COVID-19 lockdowns…

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