AgDay TV Markets Now: DuWayne Bosse, Bolt Marketing, discusses what fundamentals could push soybeans back above $14 and corn above $5.
AgDay TV Markets Now: DuWayne Bosse Discusses What it Will Take to Get Nov Beans Back Above $14 and Dec Corn Above $5
AgDay TV Markets Now: DuWayne Bosse, Bolt Marketing, discusses what fundamentals could push November soybeans back above $14 and December corn above $5.
September 05, 2023 06:43 PM
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Joe Kooima of Kooima Kooima Varilek says the gap lower opening in cattle futures Monday in response to the border reopening to Mexican imports was volatile. They anticipate more to come to price in the news, even after a $25 to $30 break in the futures recently.
Brian Grete with Commstock Investments says, “We’ve seen China come in and be a fairly active buyer over the past several weeks here of new crop U.S. soybeans. There was more talk of that on Friday. And so that gave us some price support.”
Scott Varilek with Kooima Kooima Varilek says the live cattle futures made new lows for the move Thursday before finding support and putting in key reversals.
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