AgDay TV Markets Now: Don Roose of U.S. Commodities says corn and soybeans end higher on technicals, weather and awaiting yield data but how much recovery is expected?
AgDay TV Markets Now: Don Roose Says Row Crops Higher on Technicals, Weather but How Much Will They Recover?
AgDay TV Markets Now: Don Roose of U.S. Commodities says corn and soybeans end higher on technicals, weather and awaiting yield data but how much recovery is expected?
August 17, 2023 05:41 PM
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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.
Sam Hudson of Corn Belt Marketing says funds sold the early bounce in grain markets with no bullish story.
After a down day on Tuesday the grain markets were higher early Wednesday a result of short covering according to Lane Akre, economist with Pro Farmer. However, he thinks the market has also taken out too much weather premium.
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