Wheat under pressure as inspections resume in the Black Sea and some rain chances in HRW areas. Corn and soybeans bounced off support with no China cancellations. Grains also see some WASDE positioning. At these prices should livestock producers get feed needs lined up? Nick Tsiolis, Farmer’s Keeper has details.
Wheat Down on Weather, Black Sea News While Corn and Beans Hold Support Ahead of WASDE
Wheat under pressure as inspections resume in the Black Sea and some rain chances in HRW areas. Corn and soybeans bounced off support with no China cancellations, WASDE positioning. Nick Tsiolis, Farmer’s Keeper.
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Grain markets crashed on Thursday with profit taking and fund liquidation tied to disappointment over the lack of agricultural purchase agreements during day one of the U.S. China summit.
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