Thursday, June 16, 2011

Another Day of Fear in the Markets

Grain and oilseed prices showed signs of bouncing late Wednesday when the Greek Premier offered to resign if his opponents would agree to needed spending cuts. Grain prices continued to rise early in the overnight session, but then were pulled lower with most other commodity and equity markets as fear returned to the financial world.

Investors took the premier's resignation offer as a panic response, suggesting that the situation was out of hand.

 As seen on Daily Farm Futures Email Blast

No comments:

Post a Comment