AgDay TV Markets Now: Dave Chatterton with Strategic Farm Marketing says grains end higher Thursday on forecast and expanding drought on the Drought Monitor, and while cattle end lower the rally isn’t done.
AgDay TV Markets Now: Dave Chatterton says Grains Rally on Forecast, Drought, Report: Cattle Lower but the Rally Isn’t Done
AgDay TV Markets Now: Dave Chatterton with Strategic Farm Marketing says grains end higher Thursday on forecast and expanding drought on the Drought Monitor, and while cattle end lower the rally isn’t done.
June 08, 2023 04:57 PM
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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.
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