AgDay TV Markets Now: Don Roose, U.S. Commodities says markets could be volatile last week of 2023 depending on Brazil weather.
AgDay TV Markets Now: Don Roose Says Grain Markets Could be Volatile Last Week of 2023, Depending on SA Weather
AgDay TV Markets Now: Don Roose, U.S. Commodities says markets could be volatile last week of 2023 depending on Brazil weather.
December 23, 2023 12:38 PM
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Grain markets crashed on Thursday with profit taking and fund liquidation tied to disappointment over the lack of agricultural purchase agreements during day one of the U.S. China summit.
The grain markets were sharply lower Thursday morning with soybeans seeing 30-cent losses on disappointment the China summit has not produced any agricultural purchase agreements.
Sam Hudson with Cornbelt Marketing says corn and soybeans were firmer on inflationary buying and optimism regarding the China summit. Cattle soared with higher cash.
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