AgDay TV Markets Now: Mark Schultz Discusses the Risk Off Selling in Grain and Cattle Markets Wednesday

AgDay TV Markets Now: Mark Schultz, Northstar Commodity, discusses the risk-off selling in grain and cattle futures Wednesday.

AgDay TV Markets Now: Mark Schultz, Northstar Commodity, discusses the risk-off selling in grain and cattle futures Wednesday.

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Sam Hudson of Corn Belt Marketing says funds sold the early bounce in grain markets with no bullish story.
After a down day on Tuesday the grain markets were higher early Wednesday a result of short covering according to Lane Akre, economist with Pro Farmer. However, he thinks the market has also taken out too much weather premium.
Dan Basse, president of Ag Resource Company, believes China bought a half million tons of U.S. soybeans last week.
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