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 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.
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Sam Hudson of Corn Belt Marketing says funds sold the early bounce in grain markets with no bullish story.
After a down day on Tuesday the grain markets were higher early Wednesday a result of short covering according to Lane Akre, economist with Pro Farmer. However, he thinks the market has also taken out too much weather premium.
Dan Basse, president of Ag Resource Company, believes China bought a half million tons of U.S. soybeans last week.
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