AgDay TV Markets Now: Randy Martinson with Martinson Ag says grains rally on Friday as funds buy heading into the weekend and put in weather premium, cattle are in record territory. Will it continue?
AgDay TV Markets Now: Randy Martinson Says Grains Rally on Weather, Cattle in Record Territory. Will it Continue?
AgDay TV Markets Now: Randy Martinson with Martinson Ag says grains rally on Friday as funds buy heading into the weekend and put in weather premium, cattle are in record territory. Will it continue?
June 04, 2023 06:16 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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