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.

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.

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Shawn Hackett with Hackett Financial Advisors says the market was removing China premium after the disappointing summit as the market wanted more details on ag purchases.
Scott Varilek with Kooima Kooima Varilek says cattle futures are back trading higher with their huge discount to the record cash trade. He says cash trade could get even crazier.
Grain markets crashed on Thursday with profit taking and fund liquidation tied to disappointment over the lack of agricultural purchase agreements during day one of the U.S. China summit.
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