AgDay TV Markets Now: Kevin Duling, KD Investors, says soybean market falls with rain forecast in Brazil, despite lower estimates and corn follows. Why does wheat buck the trend?
AgDay TV Markets Now: Kevin Duling says Soybeans Fall on Brazil Forecast, Ignores Crop Damage and Corn Follows
AgDay TV Markets Now: Kevin Duling, KD Investors, says soybean market falls with rain forecast in Brazil, despite lower estimates and corn follows. Why does wheat buck the trend?
December 19, 2023 05:10 PM
Related Stories
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.
The grain markets were sharply lower Thursday morning with soybeans seeing 30-cent losses on disappointment the China summit has not produced any agricultural purchase agreements.
Sam Hudson with Cornbelt Marketing says corn and soybeans were firmer on inflationary buying and optimism regarding the China summit. Cattle soared with higher cash.
Read Next
The U.S. House approved legislation to allow year-round sales of E15 gasoline nationwide, aiming to lower fuel prices while facing pushback over potential refinery costs and the impact on the national debt.
