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.
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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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