AgDay TV Markets Now: Naomi Blohm, Total Farm Marketing, says grains end higher on technical buying after holding long term support and digesting WASDE data. Focus now turns to combine and yield data.
AgDay TV Markets Now: Naomi Blohm Says Grains End Higher on Technical Buying After Holding Key Support
AgDay TV Markets Now: Naomi Blohm, Total Farm Marketing, says grains end higher on technical buying after holding long term support and digesting WASDE data.
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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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