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?
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?
April 18, 2023 04:35 PM
Related Stories
DuWayne Bosse of Bolt Marketing says the trade action Friday was disappointing in corn and soybeans after key reversals on Thursday.
Scott Varilek with Kooima Kooima Varilek says cattle futures were seeing some profit taking early Friday as they are overbought. However, futures haven’t stayed down long with the strength in the cash market.
Don Roose of U.S. Commodities says talk of China buying U.S. corn and soybeans helped spur the rally, but it was a combination of factors.
Read Next
With summer patterns running four weeks behind schedule, meteorologist Don Day urges growers to plan in short windows for the second half of the growing season.
