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.
Related Stories
Jerry Gulke, president of the Gulke Group says at the same time the latest CFTC Commitment of Traders report showed the large speculator adding to their net long positions in corn and soybeans and have been extending that position since the week of July 6.
Naomi Blohm with Total Farm Marketing says the grain markets saw risk off selling by traders heading into the weekend as U.S. Treasury Secretary Scott Bessent was schedule to meet with his Chinese counterpart to lay the groundwork for the U.S. China Summit.
Scott Varilek with Kooima Kooima Varilek says the market has seen sloppy trade and profit taking with news of the Santa Teresa port opening but it isn’t new news.
Read Next
Matt and Janna Splitter grew their farm by investing in people. Now the test is whether the farm can run without them — and which acres are worth keeping.
Commodity Market Futures
Futures prices on grains, livestock, oil and more
Farm Journal TV
Trusted ag insights and real stories from rural America. Start your free trial today.
Pro Farmer
Join Pro Farmer today to access trusted market intelligence and expert analysis that help you make more confident decisions.
