AgDay TV Markets Now: Alan Brugler with Brugler Marketing talks about the ugly day in the grain markets, if China will cancel more export business and looks at the charts to determine when the fund selling may subside.
AgDay TV Markets Now: Alan Brugler Details the Ugly Day in Grain Markets, If China Cancels More Sales and When Selling May Subside
AgDay TV Markets Now: Alan Brugler with Brugler Marketing talks about the ugly day in grain markets, if China cancels more sales and when the selling may subside.
April 27, 2023 03:57 PM
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Garrett Toay with AgTraderTalk says after the big rally to start the week the grain markets saw some profit taking and corrective selling.
DuWayne Bosse of Bolt Marketing says the wheat market was trying to extend gains early Thursday but may be getting close to pricing the Black Sea export disruptions in.
Oliver Sloup Blue Line Futures, says wheat prices skyrocketed adding risk premium on concerns about the escalating Black Sea war and the disruptions it is causing in the export market. It could have more upside left.
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