May WASDE Could Be Catalyst For Letdown in Beans, Futures at $9

May 1, 2017 03:43 PM
 
 

As a new month begins, there’s new things to watch.

For Tommy Grisafi, commodity risk management advisor at Advance Trading Inc., his concern is what leg new crop corn has to stand on when it comes to the bushels coming out of South America.

Brian Splitt of Allendale, Inc., thinks the new month could be a “letdown” for soybeans.

Watch Grisafi and Splitt discuss markets with AgDay host Clinton Griffiths on AgDay above.

Back to news


Comments

 
Spell Check

bulldawg
Greensburg, IN
5/3/2017 11:02 AM
 

  I am glad the entire trade is leaning toward trend line or above yields this year. Now Las Vegas odds would suggest taking the "under's" given we seen above trend past 3 years. Funds short. Trade bearish. What could go wrong with this picture?

 
 

Corn College TV Education Series

2014_Team_Shot_with_Logo

Get nearly 8 hours of educational video with Farm Journal's top agronomists. Produced in the field and neatly organized by topic, from spring prep to post-harvest. Order now!

Markets

Market Data provided by QTInfo.com
Brought to you by Beyer
Close