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.
There is little new fundamental news to sway the markets this morning. The heat and drought driven rally continues with soybeans the leader to the upside gaining 35 cents on the new crop November contract. December corn is up 14 1/4 cents with September wheat falling 7 1/4 cents as of this post. Logan and Brock discuss recent cash market trends and strategies to take advantage of these record high prices on this morning's show.
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