AgDay TV Markets Now: Mike Zuzulo, Global Commodity Analytics, explains what the macroeconomic concerns signal and what that means for commodity markets.
AgDay TV Markets Now: Mike Zuzulo Explains What the Macroeconomic Concerns Mean for Commodity Markets
AgDay TV Markets Now: Mike Zuzulo, Global Commodity Analytics, explains what the macroeconomic concerns signal and what that means for commodity markets.
August 24, 2023 12:12 AM
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Garrett Toay with AgTraderTalk says after the big rally to start the week the grain markets saw some profit taking and corrective selling.
DuWayne Bosse of Bolt Marketing says the wheat market was trying to extend gains early Thursday but may be getting close to pricing the Black Sea export disruptions in.
Oliver Sloup Blue Line Futures, says wheat prices skyrocketed adding risk premium on concerns about the escalating Black Sea war and the disruptions it is causing in the export market. It could have more upside left.
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