Grains Mixed as Demand Concerns Loom: How Long Can Cash Grain Prices Stay at Historically High Levels?

Grain and livestock futures mixed on holiday trade. Grains also watching looming demand concerns. So how long can cash grains prices remain historically strong? Michelle Rook with Nick Tsiolis of Farmer’s Keeper.

Grain and livestock futures mixed early on pre-holiday positioning. Grains still watching looming demand concerns such as China’s COVID cases, a possible rail strike and exports. How long can cash grain prices remain at historically high levels? Michelle Rook finds out with Nick Tsiolis of Farmer’s Keeper.

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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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