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.
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Don Roose of U.S. Commodities says talk of China buying U.S. corn and soybeans helped spur the rally, but it was a combination of factors.
Sam Hudson of Corn Belt Marketing says funds sold the early bounce in grain markets with no bullish story.
After a down day on Tuesday the grain markets were higher early Wednesday a result of short covering according to Lane Akre, economist with Pro Farmer. However, he thinks the market has also taken out too much weather premium.
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