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Mixed markets on Wednesday. Corrective action, China sanction talk and a looming rail strike helped drive action. Michelle Rook has analysis with DuWayne Bosse of Bolt Marketing.
Grain and livestock futures are trading mixed at midday. Fundamentals aren’t necessarily driving the markets but outside market influences and money flow. Michelle Rook talks Tommy Grisafi of Advance Trading.
Grains ended mixed on Thursday influences by technicals, outside markets and money flow. Livestock were mostly higher with stronger cash. Michelle talks with Chip Nellinger of Blue Reef Agri-Marketing.
Around 82 ships remain stuck around Ukrainian ports despite the opening of a United Nations-backed sea corridor to ship grains, according to shipping industry officials.
The robust agricultural sector in the Western U.S. is at risk due to low water flows in the Colorado River system, which has fallen due to extended droughts resulting from climate change.
Pakistan’s wheat production could be a lot lower than most, including USDA, are projecting, according to several sources.
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