Grains ended higher Friday and for the week. What will it take beyond weather to keep the rally going and is the rally a gift farmers need to be selling? Tommy Grisafi with Advance Trading has analysis.
Grains End Higher Friday and For the Week: What Will it Take Beyond the Weather to Keep the Rally Going?
Grains ended higher Friday and for the week. What will it take beyond weather to keep the rally going and is the rally a gift farmers need to be selling? Tommy Grisafi with Advance Trading has analysis.
May 26, 2023 02:22 PM
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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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