Weekly commodity market recap with Darrell Holaday for the week of August 12th

Weekly commodity market recap with Darrell Holaday for the week of August 12th
MGN
August 13th, 2022 | Clay Patton

The week was full of brand new data for traders to pour over. Midweek was economic data highlighting where inflation is currently sitting in the US. That brought some optimism that maybe inflation is starting to cool. That sent the US dollar lower. The lower dollar helped bump grains higher. Then Friday the USDA released the WASDE report. The August report contained a lot of new data with more on farm data then earlier in the year.

To help make sense of all of the data and the general direction of the trade we go to Darrell Holaday with Country Futures.

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