AgDay TV Markets Now: Matt Bennett Recaps the WASDE and Explains Why Grains Ended Lower After the Report

AgDay TV Markets Now: Matt Bennett, AgMarket.Net recaps the December WASDE and explains why grains end lower after the report.

AgDay TV Markets Now: Matt Bennett, AgMarket.Net recaps the December WASDE and explains why grains end lower after the report.

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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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