AgDay TV Markets Now: Don Roose of U.S. Commodities discusses is the funds will keep liquidating in soybeans after taking out key moving averages and if grains can return to trading fundamentals with the Fed decision out of the way.
AgDay TV Markets Now: Don Roose Discusses Fed Action and if Funds Will Keep Selling in Soybeans After Closing Below Key Support
AgDay TV Markets Now: Don Roose of U.S. Commodities discusses is the funds will keep liquidating in soybeans after taking out key moving averages and if grains can return to trading fundamentals after the Fed move.
March 22, 2023 04:49 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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