AgDay TV Markets Now: Garrett Toay, AgTraderTalk says grains take a pause from the rally but will continue to hold risk premium over war and weather concerns.
AgDay TV Markets Now: Garrett Toay says Grains Take a Pause But Markets Still Hold Premium on War Concerns
AgDay TV Markets Now: Garrett Toay, AgTraderTalk says grains take a pause from the rally but will continue to hold risk premium over war and weather concerns.
July 25, 2023 05:49 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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