AgDay TV Markets Now: Garrett Toay of AgTrader Talk Says Tight Supplies, Strong Cash, Bull Spreads Support Old Crop Corn and Beans, While Cattle Show No Signs of a Top
AgDay TV Markets Now: Garrett Toay Says Tight Supplies, Bull Spreads Support Old Crop Corn & Beans, While Cattle Show No Signs of a Top
AgDay TV Markets Now: Garrett Toay of AgTrader Talk Says Tight Supplies and Bull Spreads Support Old Crop Corn and Beans, While Cattle Show No Signs of a Top
April 12, 2023 04:36 PM
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Shawn Hackett with Hackett Financial Advisors says the market was removing China premium after the disappointing summit as the market wanted more details on ag purchases.
Scott Varilek with Kooima Kooima Varilek says cattle futures are back trading higher with their huge discount to the record cash trade. He says cash trade could get even crazier.
Grain markets crashed on Thursday with profit taking and fund liquidation tied to disappointment over the lack of agricultural purchase agreements during day one of the U.S. China summit.
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