https://www.porkbusiness.com/topics/commodity-update COMMODITY UPDATE en-US Wed, 18 May 2022 21:38:41 GMT https://www.porkbusiness.com/markets/market-reports/market-watch-grains-slump-hogs-win-wednesday <div class="RichTextArticleBody RichTextBody"> IN-DEPTH MARKET ANALYSIS: Wednesday was a risk-off day in the agricultural commodity markets. Everything was in the red except hogs with spillover from the selloff in the equity sector after Fed Chair Jerome Powell made hawkish comments about the economy and interest rates. However, the grain markets were very overbought, especially in wheat after the run up to new highs. <span class="LinkEnhancement"><a class="Link" href="https://www.agweb.com/news/crops/crop-production/michelle-rook-joins-farm-journals-national-broadcast-team" target="_blank" rel="noopener"> Michelle Rook </a></span> talked to <span class="LinkEnhancement"><a class="Link" href="https://bluereefinc.com/about-us/" target="_blank" rel="noopener">Chip Nellinger with Blue Reef Agri-Marketing</a></span> to get the full analysis.<br><br> <div class="IframeModule"> <a class="AnchorLink" id="id-https-players-brightcove-net-5176256085001-default-default-index-html-videoid-6306411556112" name="id-https-players-brightcove-net-5176256085001-default-default-index-html-videoid-6306411556112"></a> <iframe name="id_https://players.brightcove.net/5176256085001/default_default/index.html?videoId=6306411556112" src="//players.brightcove.net/5176256085001/default_default/index.html?videoId=6306411556112" height="600" style="width:100%"></iframe></div> <br><br> </div> Wed, 18 May 2022 21:38:41 GMT https://www.porkbusiness.com/markets/market-reports/market-watch-grains-slump-hogs-win-wednesday