Corn and wheat end higher trading weather and gearing up for the WASDE, soybeans set back unable to get above $15. Cattle make new contract highs after record cash trade, but how much higher will the market go? DuWayne Bosse of Bolt Marketing has the answers.
AgDay TV Markets Now: DuWayne Bosse Says WASDE and Weather Moved Grains, While Cattle Make New Highs But for How Long?
Corn and wheat higher trading weather and the WASDE, soybeans set back unable to get above $15. Cattle make new highs on record cash trade. DuWayne Bosse of Bolt Marketing has details.
April 10, 2023 04:33 PM
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Garrett Toay with AgTraderTalk says after the big rally to start the week the grain markets saw some profit taking and corrective selling.
DuWayne Bosse of Bolt Marketing says the wheat market was trying to extend gains early Thursday but may be getting close to pricing the Black Sea export disruptions in.
Oliver Sloup Blue Line Futures, says wheat prices skyrocketed adding risk premium on concerns about the escalating Black Sea war and the disruptions it is causing in the export market. It could have more upside left.
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