AgDay TV Markets Now: Garrett Toay, AgTraderTalk, talks about why corn hit new contract lows and why soybeans aren’t more concerned about Brazil’s crop.
AgDay TV Markets Now: Garrett Toay Discusses Why Corn Hit Contract Lows and Soybeans Aren’t Concerned About Brazil’s Crop
AgDay TV Markets Now: Garrett Toay, AgTraderTalk, talks about why corn hit new contract lows and why soybeans aren’t more concerned about Brazil’s crop.
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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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