AgDay TV Markets Now: Darren Frye Says New Crop Corn and Beans Lead Putting in Weather Premium but are Vulnerable

AgDay TV Markets Now: Darren Frye, Water Street Solutions says new crop corn and bean contracts led putting in weather premium, but will chart support hold once planting accelerates? And will old crop stay strong?

AgDay TV Markets Now: Darren Frye of Water Street Solutions recaps the day in grains. Corn and soybeans were higher but new crop contracts led putting in weather premium. However, are those contact vulnerable and will chart support hold once planting accelerates? Does the strong cash market continue to support old crop?

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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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