Darren Frye of Water Street Solutions says grains slide on favorable weather and the anticipation of the July WASDE report and the possibility of USDA cutting yield.
Grains Slide On Favorable Weather, Trying to Anticipate What USDA Will Do With Yield
Darren Frye of Water Street Solutions says grains slide on favorable weather and the anticipation of the July WASDE report and the possibility of USDA cutting yield.
July 08, 2023 06:19 AM
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Joe Kooima of Kooima Kooima Varilek says the gap lower opening in cattle futures Monday in response to the border reopening to Mexican imports was volatile. They anticipate more to come to price in the news, even after a $25 to $30 break in the futures recently.
Brian Grete with Commstock Investments says, “We’ve seen China come in and be a fairly active buyer over the past several weeks here of new crop U.S. soybeans. There was more talk of that on Friday. And so that gave us some price support.”
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