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.
Wheat continues to be the leader to the upside and today was not an exception. Corn followed adding a couple of cents, but soybeans were off slightly in low volume trade. Profit taking could hit wheat tomorrow ahead of the weekend and low volume trade is anticipated for both corn and soybeans. Export sales were good across the board and revisions could be in store for the October USDA report. Tune in to today's broadcast for a full recap of the action. 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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