AgDay TV Markets Now: Don Roose with U.S. Commodities talks about the ugly week in grain markets and why the funds keep selling. When will it end?
AgDay TV Markets Now: Don Roose Talks About The Ugly Week in Grain Markets and When Funds Will Stop Selling
AgDay TV Markets Now: Don Roose with U.S. Commodities talks about the ugly week in grain markets and why the funds keep selling. When will it end?
May 19, 2023 03:52 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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