AgDay TV Markets Now: Bryan Doherty of Total Farm Marketing pinpoints what caused the selloff in grains to start 2024 and how much more pressure he expects.
AgDay TV Markets Now: Bryan Doherty Discusses What Caused the Selloff in Grains to Start 2024
AgDay TV Markets Now: Bryan Doherty of Total Farm Marketing pinpoints what caused the selloff in grains to start 2024 and how much more pressure he expects.
January 02, 2024 05:15 PM
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Soybeans ended higher as rumored export business was confirmed by USDA with a flash sale of 13.2 million bu. sold to unknown destinations. However, China was also looking for corn and wheat.
Wednesday morning USDA reported a flash sale of 13.2 million bushels of soybeans to unknown destinations and Randy Martinson with Martinson Ag says the market is betting that its China.
Soybeans were sharply lower in the overnight trade and then saw a gap higher open during the day session on talk that China was in pricing U.S. soybeans says Brian Grete with Commstock Investments.
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