AgDay TV Markets Now: Shawn Hackett says corn and soybeans trade extended weather but what kind of premium does the market need to put in if the rain doesn’t confirm? And what if it does and a longer term pattern change finally happens?
AgDay TV Markets Now: Shawn Hackett says Row Crops Trade Extended Weather but Where do Prices Need to be if Rains Don’t Confirm?
AgDay TV Markets Now: Shawn Hackett says corn and soybeans trade extended weather but what kind of premium does the market need to put in if the rain doesn’t confirm?
June 05, 2023 05:37 PM
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Shawn Hackett with Hackett Financial Advisors says the market was removing China premium after the disappointing summit as the market wanted more details on ag purchases.
Scott Varilek with Kooima Kooima Varilek says cattle futures are back trading higher with their huge discount to the record cash trade. He says cash trade could get even crazier.
Grain markets crashed on Thursday with profit taking and fund liquidation tied to disappointment over the lack of agricultural purchase agreements during day one of the U.S. China summit.
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