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.

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.

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Rich Nelson with Allendale says grains saw selling pressure as there are plenty of questions regarding USDA’s numbers especially after last August’s yield and acreage shock.
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Mike Minor with Professional Ag Marketing says grains were under pressure early Tuesday positioning ahead of the August report and with news of Russia and Ukraine meeting to discuss safe passage of vessels in the Black Sea.
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