The following commentary does not necessarily reflect the views of AgWeb or Farm Journal Media. The opinions expressed below are the author's own.
Grain TV is a daily recap after the market close, providing opinions on fundamental analysis of market direction, influences and expectations. This daily program is produced by Grain Hedge, a discount brokerage firm that provides farmers and elevators with agricultural intelligence including live market quotes, cash bid data, the Grain Hedge Optimizer™ and mobile trading platforms, all for $7 commission per side. Grain Hedge provides tools to allow farmers the ability to trade when the markets move without having to wait for a broker and the information to execute a marketing strategy with confidence.
Brock and Logan discuss a mixed day in the grain markets. Corn fell for the ninth straight session marking the longest consecutive sell off since March of 2010. A positive note on today's market action is all the grains finished well off the night session lows. Ethanol production did uptick slightly, while stocks fell. Tune in to today's show for a full recap.
The weekly export sales are released tomorrow at 7:30 AM CT and the expectations are as follows (000s MT): wheat 275-400; corn 150-350; soybeans 700-1,100.
THERE IS A SIGNIFICANT RISK OF LOSS IN TRADING FUTURES AND OPTIONS.
FUTURES TRADING IS NOT APPROPRIATE FOR ALL INVESTORS.
PLEASE READ OUR RISK DISCLOSURE.
No comments have been posted to this Blog Post