AgDay TV Markets Now: Mike Zuzulo with Global Commodity Analytics says grains take a break, but the weather market isn’t over as one rain event isn’t going to wipe out the drought areas.
AgDay TV Markets Now: Mike Zuzulo says Weather Market Isn’t Over in Grains
AgDay TV Markets Now: Mike Zuzulo with Global Commodity Analytics says grains take a break, but the weather market isn’t over as one rain event isn’t going to wipe out the drought areas.
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Shawn Hackett with Hackett Financial Advisors says the market was removing China premium after the disappointing summit as the market wanted more details on ag purchases.
Scott Varilek with Kooima Kooima Varilek says cattle futures are back trading higher with their huge discount to the record cash trade. He says cash trade could get even crazier.
Grain markets crashed on Thursday with profit taking and fund liquidation tied to disappointment over the lack of agricultural purchase agreements during day one of the U.S. China summit.
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Farmers in parts of the High Plains and Southeast need a break from relentless drought, while nationwide planting progress is outpacing the five-year average.


