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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Randy Martinson of Martinson Ag says soybeans are trying to bounce early Tuesday with talk of China looking for more soybeans and a stabilization of the real.
Alan Brugler with A&N Economics says the bottom line is with that weakness in real, you’re going to see a little more competition out of Brazil on soybean exports when you’re looking at them in dollar terms.
Joe Kooima of Kooima Kooima Varilek says the reaction was a bit muted considering the placements were well below estimates. However, he says some of it was already priced in.
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