AgDay TV Markets Now: Alan Brugler, Brugler Marketing talks about the reasons behind the strong closes in soybeans and cattle, while corn flirts with two-year lows.
AgDay TV Markets Now: Alan Brugler Explains the Strong Closes in Soybeans and Cattle, As Corn Flirts with Two Year Low
AgDay TV Markets Now: Alan Brugler, Brugler Marketing talks about the reasons behind the strong closes in soybeans and cattle, while corn flirts with two-year lows.
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Sam Hudson of Corn Belt Marketing says funds sold the early bounce in grain markets with no bullish story.
After a down day on Tuesday the grain markets were higher early Wednesday a result of short covering according to Lane Akre, economist with Pro Farmer. However, he thinks the market has also taken out too much weather premium.
Dan Basse, president of Ag Resource Company, believes China bought a half million tons of U.S. soybeans last week.
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