AgDay TV Markets Now: Arlan Suderman, StoneX says funds bought across the commodity sector Monday. In the grains #wheat was the price leader Monday, pulling #corn and #soybeans higher.
AgDay TV Markets Now: Arlan Suderman says Funds Bought in the Grains Monday with Wheat Pulling Corn and Soybeans Along
AgDay TV Markets Now: Arlan Suderman, StoneX says funds bought across the commodity sector Monday. In the grains #wheat was the price leader Monday, pulling #corn and #soybeans higher.
May 15, 2023 06:50 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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