AgDay TV Markets Now: Chip Nellinger, Blue Reef Agri-Marketing, says Row Crops and Meal See Profit Taking but Eye SA Weather, Harvest, Outside Markets
AgDay TV Markets Now: Chip Nellinger Says Row Crops See End of Month Profit Taking but Eye SA Weather, Harvest
AgDay TV Markets Now: Chip Nellinger, Blue Reef Agri-Marketing, says Row Crops and Meal See Profit Taking but Eye SA Weather, Harvest, Outside Markets
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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.
Dan Basse, president of Ag Resource Company, believes China bought a half million tons of U.S. soybeans last week.
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