Markets Now: Ted Seifried Calls Tuesday a “Bookmark Day” with End of the Month Positioning, Looking for Direction

Grain and livestock futures end mixed after two-sided trade due to end of the month positioning. Ted Seifried of Zaner Ag Hedge called it a “bookmark day” as the market await more news.

Grain and livestock futures end mixed after two-sided trade due to end of the month positioning. Ted Seifried of Zaner Ag Hedge called it a “bookmark day” as the market awaits more news and looks for direction.

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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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