AgDay TV Markets Now: Garrett Toay of AgTraderTalk says grains oversold and rally on short covering but hard to sustain during harvest.
AgDay TV Markets Now: Garrett Toay says Grains Higher on Short Covering but Rallies Hard to Sustain During Harvest
AgDay TV Markets Now: Garrett Toay of AgTraderTalk says grains oversold and rally on short covering but hard to sustain during harvest.
September 21, 2023 11:54 AM
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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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