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.
The grains ended the week on a negative note once again. Some private analysts released their production expectations over the last couple of days with large crops being expected. Informa will give their estimates on Monday leading up to the USDA reports on August 12th. Commodity funds continue to be net sellers as has been the case over the last few weeks. Tune in for a breakdown of these topics and more. Visit us over at GrainHedge.com and take a no obligation trial of the platform used on the GrainTV broadcast.
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