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 today's relatively quiet trade in the grain markets. Domestic and global ending stocks estimates are discussed as Reuters' poll of analysts was released Tuesday. Weekly EIA ethanol production increased 19,000 barrels per day while stocks fell 359,000 barrels last week. Weekly export sale figures are released tomorrow and should drive trade early in the session. Most traders remain focused on Friday's reports, however. Tune in for a full recap. Click the button below to take a free demo of the trading platform you see on GrainTV!
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