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.

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.

AgWeb-Logo crop
Related Stories
Mark Schultz of Northstar Commodity, says the corn market may be running out of sellers as the funds have liquidated a big chunk of their long position. However, it is too early to call a bottom with corn harvest still underway.
Greg McBride of Allendale says corn and soybean futures are trying to bounce as they are oversold, the key is what will it take to bottom the markets?
Randy Martinson of Martinson Ag says soybeans are trying to bounce early Tuesday with talk of China looking for more soybeans and a stabilization of the real.
Read Next
Two accidents. Two recoveries. Two back braces hanging on an office wall. And one lesson a California dairy nutritionist learned the hard way: “Professionally, we’re all replaceable. But family? That’s different.”
Get News Daily
Get Market Alerts
Get News & Markets App