AgDay TV Markets Now: Don Roose, U.S. Commodities says risk off day, weather and Ukraine export resumption caused profit taking and selling in the grains Wednesday.
AgDay TV Markets Now: Don Roose Says Risk Off Selling, Profit Taking and Weather Sank Grains Wednesday
AgDay TV Markets Now: Don Roose, U.S. Commodities says risk off day, weather and Ukraine export resumption caused profit taking and selling in the grains Wednesday.
April 19, 2023 05:27 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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