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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DuWayne Bosse of Bolt Marketing says the trade action Friday was disappointing in corn and soybeans after key reversals on Thursday.
Scott Varilek with Kooima Kooima Varilek says cattle futures were seeing some profit taking early Friday as they are overbought. However, futures haven’t stayed down long with the strength in the cash market.
Don Roose of U.S. Commodities says talk of China buying U.S. corn and soybeans helped spur the rally, but it was a combination of factors.
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