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.
Export inspections for wheat and soybeans beat analysts' expectations, but corn failed to meet expections. A large sale of wheat to China over the weekend confirmed rumors from last week. Some of today's gains can be attributed to position evening ahead of the USDA reports due out Wednesday. South American production estimates are also discussed. Tune in for a full breakdown. Visit us at GrainHedge.com and take your no obligation demo of the trading platform used on GrainTV.
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