AgDay TV Markets Now: Chuck Shelby of Risk Management Commodities says cooler heads prevail in outside and commodity markets Thursday, but are the funds done selling? China corn demand also helps, but will there be more?
AgDay TV Markets Now: Chuck Shelby Says Cooler Heads Prevail in Markets Thursday but are the Funds Done Selling?
AgDay TV Markets Now: Chuck Shelby of Risk Management Commodities says cooler heads prevail in outside and commodity markets Thursday, China corn demand also helps.
March 16, 2023 03:56 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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