AgDay TV Markets Now: Darren Frye, Water Street Solutions, says the grains were mostly lower on Friday on profit taking but close higher for the week and he thinks the markets can build on that.
AgDay TV Markets Now: Darren Frye Says Profit Taking Hits Row Crops Friday but Market Could Build on Higher Weekly Closes
AgDay TV Markets Now: Darren Frye, Water Street Solutions, says the grains were mostly lower on Friday on profit taking but close higher for the week and he thinks the markets can build on that.
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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.
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.
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