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 the leader to the upside in a relatively quiet trade session. Harvest pressure is capping any rallies with Reuters poll of analysts estimating corn harvest is 31% complete and beans 45% done. Tomorrow the markets could receive a shot in the arm by way of the NOPA crush figures. Tune in for a full breakdown. Visit us at GrainHedge.com or give a call at 877-472-4607 to take a free trial of the trading platform you see here on GrainTV!
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