AgDay TV Markets Now: Chip Nellinger, Blue Reef Agri-Marketing, says ag markets hit again by risk off in outside markets, except wheat gets a boost with China biz.
AgDay TV Markets Now: Chip Nellinger Says Ag Markets Hit Again by Risk Off in Outside Markets
AgDay TV Markets Now: Chip Nellinger, Blue Reef Agri-Marketing, says ag markets hit again by risk off in outside markets, except wheat gets a boost with China biz.
October 03, 2023 05:02 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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