AgDay TV Markets Now: Jim McCormick of AgMarket.Net discusses what the grain market is signaling with higher weekly closes after the bearish WASDE.
AgDay TV Markets Now: Jim McCormick Discusses What Higher Weekly Closes After the Bearish WASDE Are Signaling
AgDay TV Markets Now: Jim McCormick of AgMarket.Net discusses what the grain market is signaling with higher weekly closes after the bearish WASDE.
July 14, 2023 06:21 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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