AgDay TV Markets Now: Alan Brugler, Brugler Marketing discusses the mixed day in #grains as traders position and take profits before the holiday. Weather, exports and the debt ceiling discussions were also top of mind.
AgDay TV Markets Now: Alan Brugler Says Grains Were Mixed Thursday on Pre-Holiday Profit Taking But Watching Weather
AgDay TV Markets Now: Alan Brugler, Brugler Marketing discusses the mixed day in #grains as traders position and take profits before the holiday. Weather, exports and the debt ceiling talks were also key.
May 25, 2023 07:01 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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