Grains mostly lower except old crop soybeans on profit taking & hedge selling. Grains had a higher but volatile week trading war and weather headlines but what’s next? Dow hits new highs for the year. What does mean for money flow into the ag commodities? Tommy Grisafi, Advance Trading shares insight.
Grains Mostly Lower Friday on Profit Taking, Hedge Selling But Higher for Week: After Trading War and Weather Headlines What’s Next?
Grains mostly lower except old crop soybeans on profit taking & hedge selling. Grains had a higher but volatile week trading war and weather headlines but what’s next? Tommy Grisafi, Advance Trading has insight.
July 21, 2023 02:50 PM
Related Stories
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.
Read Next
New state restrictions and a proposed AFIDA overhaul could reshape land deals, reporting, and due diligence for farmers.
Commodity Market Futures
Futures prices on grains, livestock, oil and more
Farm Journal TV
Trusted ag insights and real stories from rural America. Start your free trial today.
Pro Farmer
Join Pro Farmer today to access trusted market intelligence and expert analysis that help you make more confident decisions.
