AgDay TV Markets Now: Mark Schultz , Northstar Commodity, talks about the lower week in grains, the chart damage it left and where prices go next week heading into the WASDE.
AgDay TV Markets Now: Mark Schultz Says Another Lower Week in Grains Leaves Chart Damage Heading into the WASDE
AgDay TV Markets Now: Mark Schultz , Northstar Commodity, talks about the lower week in grains, the chart damage it left and where prices go next week heading into the WASDE.
August 04, 2023 05:22 PM
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Alan Brugler with A&N Economics says the bottom line is with that weakness in real, you’re going to see a little more competition out of Brazil on soybean exports when you’re looking at them in dollar terms.
Joe Kooima of Kooima Kooima Varilek says the reaction was a bit muted considering the placements were well below estimates. However, he says some of it was already priced in.
Dan Basse, president of Ag Resource Company, says he thinks the soybean market put in a bottom earlier in the week.
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