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.
A mixed trade in Chicago today as traders and producers struggled between wet planting conditions and the upcoming crop progress report. Corn is now 91% complete and soybeans are 57% complete. Export inspections were mostly in-line with expectations. Want to use the trading platform you see on GrainTV in your home or office? Visit us at GrainHedge.com to take your no-obligation trial today!
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