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.
What started as a quiet day in Chicago turned around, with soybeans ending the day up 18 1/2 cents to 1413 1/4. Corn and wheat both moved slightly higher but saw lower trade volume than soybeans when compared to recent trade days. Logan and Cody discuss the market close and where things might be headed.
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