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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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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