Pro Farmer Editor Chip Flory and Senior Markets Analyst Brian Grete discuss how volatility in outside markets -- such as sharp pressure on gold futures -- influenced grain markets in this week’s Pro Farmer Profit Briefing clip on AgDay TV.
PF Video: Active Week in Outside Markets Influences Grain Markets
Chip Flory and Brian Grete discuss how volatility in the outside markets influenced grain markets this week.
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The grain markets were higher early Wednesday with wheat leading the price gains and adding war premium.
A day after making new highs for the year and hitting the highest levels in three years, the soybean market saw some profit taking and consolidation. Corn and wheat resumed their rally.
Corn and soybeans saw some early profit taking pressure on Tuesday after running into chart resistance and with better than expected crop ratings.
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