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.
Markets were quiet in Chicago one day before the July WASDE Report. A chinese purchase of new crop corn got things started, and some firm ethanol numbers helped old crop corn hold positive ground into the close. On today's show we discuss today's action and expectations for tomorrow's report. Visit us at GrainHedge.com to take a no obligation demo of the platform used here on GrainTV and have live quotes for tomorrow's USDA report..
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