Markets Now: What Grain Price Ratios Are Impacting Planting Decisions?
AgDay TV Markets Now: Allison Thompson with The Money Farm discusses the ratios between corn and beans and wheat and beans and how that is impacting late minute planting decisions.
March 21, 2024 07:54 AM
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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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