AgDay TV Markets Now: DuWayne Bosse says Soybean up on SA Weather but Hit Resistance End Off Highs, Corn a Follower

AgDay TV Markets Now: DuWayne Bosse, Bolt Marketing, says soybeans put in Brazil weather premium but end off highs hitting resistance, corn is a follower.

AgDay TV Markets Now: DuWayne Bosse, Bolt Marketing, says soybeans put in Brazil weather premium but end off highs hitting resistance, corn is a follower.

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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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