AgDay TV Markets Now: Oliver Sloup, Blue Line Futures, talks about how much more risk premium he anticipates the grain markets to add after a sharp rally Monday, led by wheat with some limit up moves.
AgDay TV Markets Now: Oliver Sloup Discusses the Sharp Rally in Grains Led by Wheat and How Much More Risk Premium is Warranted
AgDay TV Markets Now: Oliver Sloup, Blue Line Futures, talks about how much more risk premium he anticipates the grain markets to add after a sharp rally Monday led by wheat.
July 24, 2023 06:07 PM
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Garrett Toay with AgTraderTalk says after the big rally to start the week the grain markets saw some profit taking and corrective selling.
DuWayne Bosse of Bolt Marketing says the wheat market was trying to extend gains early Thursday but may be getting close to pricing the Black Sea export disruptions in.
Oliver Sloup Blue Line Futures, says wheat prices skyrocketed adding risk premium on concerns about the escalating Black Sea war and the disruptions it is causing in the export market. It could have more upside left.
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