AgDay TV Markets Now: Garrett Toay, AgTraderTalk, says corn and beans see technical selling is a risk-off market day and fade friendly export news. Wheat saw short covering after getting oversold.
AgDay TV Markets Now: Garrett Toay Says Row Crops See Risk Off Technical Selling, Trumps Friendly Export News
AgDay TV Markets Now: Garrett Toay, AgTraderTalk, says corn and beans see technical selling is a risk-off market day and fade friendly export news. Wheat saw short covering after getting oversold.
October 26, 2023 05:14 PM
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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.
Wheat futures were up 30 to 35 cents early Wednesday adding risk premium as Russia and Ukraine attacks have escalated says Jamie Gieseke with Paradigm Futures.
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