AgDay TV Markets Now: Naomi Blohm, Total Farm Marketing explains why grains bounced a day after the bearish USDA Report.
AgDay TV Markets Now: Naomi Blohm Explains Why Grains Bounced a Day After a Bearish USDA Report
AgDay TV Markets Now: Naomi Blohm, Total Farm Marketing explains why grains bounced a day after the bearish USDA Report.
July 13, 2023 03:57 PM
Related Stories
Darin Newsom, senior market analyst with Barchart, says the funds set the direction of the trend the problem is they have skewed the markets to the point that the real fundamentals in agriculture don’t really matter.
Mark Schultz of Northstar Commodity, says the corn market may be running out of sellers as the funds have liquidated a big chunk of their long position. However, it is too early to call a bottom with corn harvest still underway.
Greg McBride of Allendale says corn and soybean futures are trying to bounce as they are oversold, the key is what will it take to bottom the markets?
Read Next
Forty-three candidates are running for the House and five for the Senate with backgrounds on apple orchards, dairy farms and cattle ranches.
Commodity Market Futures
Futures prices on grains, livestock, oil and more
Farm Journal TV
Trusted ag insights and real stories from rural America. Start your free trial today.
Pro Farmer
Join Pro Farmer today to access trusted market intelligence and expert analysis that help you make more confident decisions.
