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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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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