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 are leading the grain market lower this morning, at the time of this post we see soybeans for May delivery down 19 cents. Soybeans moved 1% lower on China's Dalian exchange overnight, pressuring soybeans 10 cents lower in the overnight session.
The Western Corn Belt remains very dry, and this morning we look at updated soil moisture maps provided by Planalytics in addition to grain conditions out of Europe. Tune in for the full report!
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