AgDay TV Markets Now: John Heinberg of Total Farm Marketing says corn and soybeans remove weather premium and could see more technical selling pressure after chart damage.
AgDay TV Markets Now: John Heinberg Says Corn and Beans Remove Weather Premium and Could See More Technical Selling
AgDay TV Markets Now: John Heinberg of Total Farm Marketing says corn and soybeans remove weather premium and could see more technical selling pressure after chart damage.
July 28, 2023 10:18 PM
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Brian Grete with Commstock Investments says, “We’ve seen China come in and be a fairly active buyer over the past several weeks here of new crop U.S. soybeans. There was more talk of that on Friday. And so that gave us some price support.”
Scott Varilek with Kooima Kooima Varilek says the live cattle futures made new lows for the move Thursday before finding support and putting in key reversals.
Garrett Toay with AgTraderTalk says after the big rally to start the week the grain markets saw some profit taking and corrective selling.
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