AgDay TV Markets Now: Darren Frye says soybeans pull back on end of month profit taking and slight change in the forecast, corn follows and sees more technical selling.
AgDay TV Markets Now: Darren Frye Says Lower Day in Row Crops on End of Month Profit Taking and Shift in Weather
AgDay TV Markets Now: Darren Frye says soybeans pull back on end of month profit taking and slight change in the forecast, corn follows and sees more technical selling.
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Dan Basse, president of Ag Resource Company, says he thinks the soybean market put in a bottom earlier in the week.
Scott Varilek with Kooima Kooima Varilek says the live cattle were overbought after rallying $21 off the lows.
Sam Hudson of Cornbelt Marketing says soybeans bounced as harvest pressure is subsiding and that should allow a bottom to be forged, especially with China buying.
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NASS identified a processing error affecting September corn data for Kansas, Nebraska and national figures. The agency says its October forecast of 181.2 bu. per acre remains unchanged, leaving questions about the yield jump.
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