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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Grain markets crashed on Thursday with profit taking and fund liquidation tied to disappointment over the lack of agricultural purchase agreements during day one of the U.S. China summit.
The grain markets were sharply lower Thursday morning with soybeans seeing 30-cent losses on disappointment the China summit has not produced any agricultural purchase agreements.
Sam Hudson with Cornbelt Marketing says corn and soybeans were firmer on inflationary buying and optimism regarding the China summit. Cattle soared with higher cash.
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