Pro Farmer Editor Chip Flory and Senior Market Analyst Brian Grete discuss old- vs. new-crop fundamentals in this week’s Pro Farmer Profit Briefing clip on AgDay TV.
PF Video: Bull Spread Unwinding and Basis Strength a Warning Sign
Chip Flory and Brian Grete discuss how traders are starting to pay more attention to new-crop fundamentals.
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Don Roose with U.S. Commodities says the grains have seen rotating leadership but the bull market is currently being led by wheat and will needs continue Black Sea headlines to keep moving higher.
Scott Varilek with Kooima Kooima Varilek says after a bounce on Thursday many producers were asking if a bottom was starting to be forged but the negative stories won’t die down.
Shawn Hackett with Hackett Financial Advisors says he sees higher prices ahead for the grain markets.
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