AgDay TV Markets Now: Ted Seifried Says China May Buy More Wheat and Even Corn but What Will it Mean for Prices?

AgDay TV Markets Now: Ted Seifried, Zaner Ag Hedge, says China may buy more wheat and even corn. So, what will that mean for prices?

AgDay TV Markets Now: Ted Seifried, Zaner Ag Hedge, says China may buy more wheat and even corn. So, what will that mean for prices?

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Wheat futures were up 30 to 35 cents early Wednesday adding risk premium as Russia and Ukraine attacks have escalated says Jamie Gieseke with Paradigm Futures.
Rich Nelson, chief strategist for Allendale says row crops are pausing right now until the weather story is really decided, while wheat is concerned about rising tensions in the Black Sea region.
Kevin Duling with KD Investors says corn and soybeans eased with a 1% improvement in ratings, while the weather is moderating.
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