Grains mostly higher early except for corn. However, corn basis levels are still at 20 year highs providing selling opportunities. Soybeans are supported by SA weather, but can we stay above $15? Nick Tsiolis of Farmers Keeper has details.
Grains Mostly Higher Except Corn with Soybeans Back Above $15: With Strong Corn Basis When Should Farmers Sell?
Grains mostly higher early except corn. Yet, corn basis is at 20-year highs, so when should you sell? Soybeans supported by SA weather, but can we stay above $15? Nick Tsiolis of Farmers Keeper has details.
December 28, 2022 09:04 AM
Related Stories
Shawn Hackett with Hackett Financial Advisors says the market was removing China premium after the disappointing summit as the market wanted more details on ag purchases.
Scott Varilek with Kooima Kooima Varilek says cattle futures are back trading higher with their huge discount to the record cash trade. He says cash trade could get even crazier.
Grain markets crashed on Thursday with profit taking and fund liquidation tied to disappointment over the lack of agricultural purchase agreements during day one of the U.S. China summit.
Read Next
As producers navigate financial strain and D.C. disconnect, realities such as steep input costs, trade frustrations and E15 limbo are becoming decisive factors shaping the rural vote.
