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.
At the time of this post we see soybeans leading the grains to the upside, up 12 3/4 cents for May delivery. Export sales to unknown destinations were reported this morning for old and new crop soybeans, and it looks to be lending support to a market that has sold off in recent sessions.
This morning Brock and Logan discuss fundamentals in the soybean complex and expectations for this afternoons delayed crop progress report. Like the live quotes and charts you see on GrainTV? Take a Firetip demo today!
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