AgDay TV Markets Now: Tomm Pfitzenmaier, Summit Commodity Brokerage, says grains implode removing weather and war premium and funds take profits end of month. However, the selloff is overdone.
AgDay TV Markets Now: Tomm Pfitzenmaier says Grain Markets Implode Removing Risk Premium but May Be Overdone
AgDay TV Markets Now: Tomm Pfitzenmaier, Summit Commodity Brokerage, says grains implode removing weather and war premium and funds take profits end of month. However, the selloff is overdone.
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Scott Varilek with Kooima Kooima Varilek says the live cattle futures made new lows for the move Thursday before finding support and putting in key reversals.
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.
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