AgDay TV Markets Now: Tommy Grisafi of Advance Trading talks about the risk off selling and spread unwinding in grains Thursday and the drop farmers will see in cash grain prices as May options expire and elevators roll from bidding off May to July.
AgDay TV Markets Now: Tommy Grisafi Explains How Cash Grain Prices Drop as May Options Expire and Elevators Roll Bids to July
AgDay TV Markets Now: Tommy Grisafi of Advance Trading discusses the risk off selling in grains and the drop coming in cash grain prices as May options expire and elevators roll from bidding off May to July.
Related Stories
Corn futures ended 8 to 9 cents higher on Friday on the heels of the sharply higher wheat market and friendly numbers in the July WASDE.
Early Friday cattle utures tried to stage an early recovery but it was short lived as funds have been selling every rally. Scott Varilek with Kooima Kooima Varilek says his fear is the high is in the cattle market.
Corn and soybeans were lower on Thursday seeing further consolidation after hitting chart resistance and with the WASDE on Friday.
Read Next
Two Midwest farmers report they are ready to treat corn acres, but uneven stands and tight margins cause hesitation for soybean applications.
Commodity Market Futures
Futures prices on grains, livestock, oil and more

Farm Journal TV
Trusted ag insights and real stories from rural America. Start your free trial today.

Pro Farmer
Join Pro Farmer today to access trusted market intelligence and expert analysis that help you make more confident decisions.
