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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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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