AgDay TV Markets Now: Dave Chatterton, Strategic Farm Markets, says wheat puts in war premium and pulls row crops higher. Corn closes above chart resistance, but can it keep going?
AgDay TV Markets Now: Dave Chatterton says Wheat Leads on War News and Pulls up Row Crops, Corn Breaks Above Chart Resistance
AgDay TV Markets Now: Dave Chatterton, Strategic Farm Markets, says wheat puts in war premium and pulls row crops higher. Corn closes above chart resistance, but can it keep going?
October 05, 2023 06:12 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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