AgDay TV Markets Now: Oliver Sloup, Blue Line Futures, discusses the rally in corn and if its sustainable, while cattle retreat on disappointing cash.
AgDay TV Markets Now: Oliver Sloup Discusses if the Rally in Corn is Sustainable and Why Cattle Retreated
AgDay TV Markets Now: Oliver Sloup, Blue Line Futures, discusses the rally in corn and if its sustainable, while cattle retreat on disappointing cash.
November 30, 2023 07:04 PM
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Corn and wheat futures saw more fund selling and long liquidation end of month but it was triggered by war headlines. Chuck Shelby with Zaner Ag Hedge says those markets continue to remove risk premium.
Corn futures are lower again on Wednesday following the easing crude oil market as Iran peace talks continue to progress. What’s holding up soybeans and cattle?
Alan Brugler with A&N Economics, Inc. says the grain market traders are cautiously optimistic a cease fire or peace deal between the U.S. and Iran is near and took out war premium Tuesday.
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