AgDay TV Markets Now: Vince Boddicker, Farmers Trading Company, says soybeans and corn may need a bigger SA weather issue to keep moving higher. Cattle have an ugly technical day so will funds keep selling?
AgDay TV Markets Now: Vince Boddicker Discusses the Upside in Beans and Corn on SA Weather, Plus an Ugly Technical Day in Cattle
AgDay TV Markets Now: Vince Boddicker, Farmers Trading Company, says soybeans and corn may need a bigger SA weather issue to keep moving higher. Cattle have an ugly technical day so will funds keep selling?
November 06, 2023 05:33 PM
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Sam Hudson of Cornbelt Marketing says soybeans bounced as harvest pressure is subsiding and that should allow a bottom to be forged, especially with China buying.
Mark Schultz of North Star Commodity says the grain markets are oversold and due for a correction.
Naomi Blohm with Total Farm Marketing says the technical action is feeling like the market is probing for a low.
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