AgDay TV Markets Now: Dave Chatterton with Strategic Farm Marketing says soybeans up a 4th day on SA crop concerns and higher meal, livestock see chart breakouts, with corn sideways.
AgDay TV Markets Now: Dave Chatterton Explains Why Soybeans and Livestock Surged Tuesday
AgDay TV Markets Now: Dave Chatterton with Strategic Farm Marketing says soybeans up a 4th day on SA crop concerns and higher meal, livestock see chart breakouts, with corn sideways.
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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.
Vince Boddicker of Farmers Trading Company says while no sales have been confirmed, just the rumors of China in the U.S. market looking for bids brought buyers back into the market.
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