AgDay TV Markets Now: Chuck Shelby says Lower Week in Corn and Beans Awaiting Yield Confirmation, Farmers Decide to Store or Sell

AgDay TV Markets Now: Chuck Shelby, Risk Management Commodities, says grains end lower for the week awaiting confirmation of lower yields as farmers face decision of whether to store or sell off the combine.

AgDay TV Markets Now: Chuck Shelby, Risk Management Commodities, says grains end lower for the week awaiting confirmation of lower yields as farmers face decision of whether to store or sell off the combine.

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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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