AgDay TV Markets Now: Tommy Grisafi with Advance Trading discusses the recent recovery in grains and the continued inverted markets. Will farmers be selling old crop at new crop prices?
AgDay TV Markets Now: Tommy Grisafi Discusses the Recent Recovery in the Grains and the Continued Inverted Market
AgDay TV Markets Now: Tommy Grisafi with Advance Trading discusses the recent recovery in grains and the continued inverted markets. Will farmers be selling old crop at new crop prices?
May 29, 2023 11:26 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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