AgDay TV Markets Now: Bryan Doherty, Total Farm Marketing says grain markets post sharply higher week and strong technical closes. Action could get even more explosive if dry weather forecasts continue.
AgDay TV Markets Now: Bryan Doherty Says Grain Markets Could Get Even More Explosive Next Week if Dry Weather Continues
AgDay TV Markets Now: Bryan Doherty, Total Farm Marketing says grain markets post sharply higher week and strong technical closes. Action could get even more explosive if dry weather forecasts continue.
June 16, 2023 11:49 PM
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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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