AgDay TV Markets Now: Ted Seifried says Corn Scores New Low Close, With Technical Buying in Soybeans and Wheat

AgDay TV Markets Now: Ted Seifried, Zaner Ag Hedge, says corn closes at new lows with harvest pressure, while soybeans and wheat see some technical buying. However, grain markets are looking for news.

AgDay TV Markets Now: Ted Seifried, Zaner Ag Hedge, says corn closes at new lows with harvest pressure, while soybeans and wheat see some technical buying. However, grain markets are looking for news.

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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.
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.
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