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
Related Stories
Soybeans were sharply lower in the overnight trade and then saw a gap higher open during the day session on talk that China was in pricing U.S. soybeans says Brian Grete with Commstock Investments.
Vince Boddicker of Farmers Trading Company says while no sales have been confirmed, just the rumors of China in the U.S. market looking for bids brought buyers back into the market.
Grains saw nice reversals and closed higher on Monday, which was a victory considering the amount of bearish news the market had to absorb according to Kevin Duling with KD Investors.
Read Next
Promising new technologies are entering the market, but large-scale corn and soybean farmers often face a frustrating bottleneck.
