AgDay TV Markets Now: John Heinberg with Total Farm Marketing explains the market reaction to the bullish wheat surprise and bearish corn and soybean numbers in the WASDE Report.
AgDay TV Markets Now: John Heinberg Explains the Market Reaction to the Bullish Wheat Surprise, Record Corn and Soybean Crop in WASDE
AgDay TV Markets Now: John Heinberg with Total Farm Marketing explains the market reaction to the bullish wheat surprise and bearish corn and soybean numbers in the WASDE Report.
May 12, 2023 06:25 PM
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DuWayne Bosse of Bolt Marketing says the trade action Friday was disappointing in corn and soybeans after key reversals on Thursday.
Scott Varilek with Kooima Kooima Varilek says cattle futures were seeing some profit taking early Friday as they are overbought. However, futures haven’t stayed down long with the strength in the cash market.
Don Roose of U.S. Commodities says talk of China buying U.S. corn and soybeans helped spur the rally, but it was a combination of factors.
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