The market was extremely volatile this week. Early on the supply lead rally gave wheat an strong base to move higher. That support bled over into corn and soybeans held close to unchanged. By Thursday though traders and money managers no longer wanted to hold risk assets of any class. That pushed the broader market lower. One of the primary drivers behind the continued decline in the market is the fears of global recession and the hawkish Central Banks determination to make it happen.
Darrell Holaday of Country Futures joins the conversation and tries to make sense of all the weeks activities.