AgDay TV Markets Now: Oliver Sloup with Blue Line Futures says grains end off lows Wednesday but the fund selling may not be done.
AgDay TV Markets Now: Oliver Sloup Says Grains End Off Lows Wednesday but Fund Selling May Not be Done
AgDay TV Markets Now: Oliver Sloup with Blue Line Futures says grains end off lows Wednesday but the fund selling may not be done.
May 31, 2023 07:02 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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