AgDay TV Markets Now: Darin Newsom, Barchart, says end of year and holiday trade hits the grains, with one eye on Brazil weather.
AgDay TV Markets Now: Darin Newsom Says End of Year and Holiday Trade Hits the Grain Markets
AgDay TV Markets Now: Darin Newsom, Barchart, says end of year and holiday trade hits the grains, with one eye on Brazil weather.
December 15, 2023 05:17 PM
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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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