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
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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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