AgDay TV Markets Now: Mike Minor says Corn and Wheat Have Higher Week but How Far Can They Rally?

AgDay TV Markets Now: Mike Minor, Professional Ag Marketing, says corn and wheat have a higher week but can they continue to rally?

AgDay TV Markets Now: Mike Minor, Professional Ag Marketing, says corn and wheat have a higher week but can they continue to rally?

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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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