AgDay TV Markets Now: Grains Finally Rally but Jim McCormick Discusses if the Market Can Build on it

AgDay TV Markets Now: Grains finally close higher but can the markets build on it? Jim McCormick, AgMarket.Net, has the answer.

AgDay TV Markets Now: Grains finally close higher but can the markets build on it? Jim McCormick, AgMarket.Net, has the answer.

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Live cattle futures were lower again on Wednesday and have spent several consecutive days under the 100-day moving average. Brad Kooima with Kooima Kooima Varilek says it is looking like more than a healthy correction.
Mark Knight of Farmers Keeper Financial says the market was looking for confirmation of China soybean purchases and now will need to see more sales to continue the rally.
November soybeans failed to close above the key $12 level and Naomi Blohm of Total Farm Marketing thinks the market may be running out of runway as Monday was mostly technical buying.
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