AgDay TV Markets Now: Vince Boddicker, Farmers Trading Company says talks about the mixed day in grains as the markets were influenced by war and weather. However, corn and soybeans held major support.
AgDay TV Markets Now: Vince Boddicker Says Mixed Day in Grains but Corn and Beans Hold Major Support
AgDay TV Markets Now: Vince Boddicker, Farmers Trading Company says talks about the mixed day in grains as the markets were influenced by war and weather. However, corn and soybeans held major support.
August 07, 2023 05:41 PM
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Alan Brugler with A&N Economics says the bottom line is with that weakness in real, you’re going to see a little more competition out of Brazil on soybean exports when you’re looking at them in dollar terms.
Joe Kooima of Kooima Kooima Varilek says the reaction was a bit muted considering the placements were well below estimates. However, he says some of it was already priced in.
Dan Basse, president of Ag Resource Company, says he thinks the soybean market put in a bottom earlier in the week.
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