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 downside as rumors of more Chinese cancellations and selling from their state reserves pressured the market. Corn held support and was aided by slow crop progress and a large export sale to Mexico. Wheat gained a few cents as bargain hunters were in the market after a sharp sell off yesterday. Want live quotes on your mobile device during planting? Visit us at GrainHedge.com to take your no obligation trial and get live quotes in the cab this spring!
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