AgDay TV Markets Now: Darren Frye, Water Street Solutions, discusses if the grain markets can recover after an ugly week and going into the WASDE.
AgDay TV Markets Now: Darren Frye Discusses if the Grain Markets Can Recover After a Down Week and Heading into the WASDE
AgDay TV Markets Now: Darren Frye, Water Street Solutions, discusses if the grain markets can recover after an ugly week and going into the WASDE.
January 06, 2024 11:38 AM
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Soybeans ended higher as rumored export business was confirmed by USDA with a flash sale of 13.2 million bu. sold to unknown destinations. However, China was also looking for corn and wheat.
Wednesday morning USDA reported a flash sale of 13.2 million bushels of soybeans to unknown destinations and Randy Martinson with Martinson Ag says the market is betting that its China.
Soybeans were sharply lower in the overnight trade and then saw a gap higher open during the day session on talk that China was in pricing U.S. soybeans says Brian Grete with Commstock Investments.
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