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.
Soybeans were on a wild ride in today's market action. The oilseed was up sharply in the overnight session, only to fall 28 cents on the day. Corn fell slightly while wheat was off sharply once again. The USDA released its estimates for this year's crop following its annual Ag Outlook Forum this week. Export sales and weather also factored into the markets. Tune in for full details.
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