This Week in Agribusiness - June 12, 2021
Max Armstrong is at the desk this week and Mike Pearson is reporting from World Pork Expo where hog producers are feeling optimistic.
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Max Armstrong is at the desk this week and Mike Pearson is reporting from World Pork Expo where hog producers are feeling optimistic.
Producers are anxious about making sales in volatile marketplace.
5/6/2021 By Tom Polansek and Julie Ingwersen CHICAGO, May 5 (Reuters) - U.S. grain brokers and analysts on Wednesday lamented CME Group Inc's decision to permanently end open-outcry options trading at a time when crop prices are surging, saying that pit traders could help navigate volatile markets. The owner of the Chicago Board of Trade (CBOT) on Tuesday said it will never reopen physical trading pits it shut last March due to the COVID-19 pandemic, though a Eurodollar options pit will remain open. Traders and brokers who work away from CBOT's grain pits found it easier to execute complicate...
5/5/2021 By Tom Polansek and Julie Ingwersen CHICAGO, May 5 (Reuters) - U.S. grain brokers and analysts on Wednesday lamented CME Group Inc's decision to permanently end open-outcry options trading at a time when crop prices are surging, saying that pit traders could help navigate volatile markets. The owner of the Chicago Board of Trade (CBOT) on Tuesday said it will never reopen physical trading pits it shut last March due to the COVID-19 pandemic, though a Eurodollar options pit will remain open. Traders and brokers who work away from CBOT's grain pits found it easier to execute compli...