AgDay TV Markets Now: DuWayne Bosse, Bolt Marketing, recaps grain market action in 2023 and looks ahead at what he expects in 2024.
AgDay TV Markets Now: DuWayne Bosse Recaps 2023 Grain Markets and Looks Ahead at 2024
AgDay TV Markets Now: DuWayne Bosse, Bolt Marketing, recaps grain market action in 2023 and looks ahead at what he expects in 2024.
January 01, 2024 05:35 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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