Grains drift ahead of the reports but what are the fundamentals telling us about supply and demand? Crude oil makes 4 months highs will it keep rallying? What will the Fed to with the CPI and PPI data? Darin Newsom, Barchart, has the answers!
Grains Drift Ahead of the Report: Will Energy Markets Continue Higher and What Does the CPI/PPI Data Mean for the Fed?
Grains drift pre-report, what do the fundamentals signal on supply and demand? Crude oil makes 4 months highs will it keep rallying? What does the Fed do w/the CPI & PPI data? Darin Newsom, Barchart, has the answers!
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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.
Oliver Sloup Blue Line Futures, says wheat prices skyrocketed adding risk premium on concerns about the escalating Black Sea war and the disruptions it is causing in the export market. It could have more upside left.
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