AgDay TV Markets Now: John Payne of Hedge Point Global Markets discusses the higher weekly closes and if that confirms seasonal lows in the grain markets.
AgDay TV Markets Now: John Payne Discusses if the Higher Weekly Closes Confirm a Seasonal Low in Grains Is In
AgDay TV Markets Now: John Payne of Hedge Point Global Markets discusses the higher weekly closes and if that confirms seasonal lows in the grain markets.
May 05, 2023 04:55 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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