PF Video: Have Harvest Lows Been Posted?

Pro Farmer’s Chip Flory and Julianne Johnston discuss recent price action in the corn and soybean markets.

Traders in the corn and soybean market have turned their attention from the supply-side to focus more on demand. While it appears soybean futures have posted a harvest low, the corn market still hasn’t convinced Pro Farmer editors a harvest low has been posted. Pro Farmer Editor Chip Flory and Digital Managing Editor Julianne Johnston discuss recent price action in this week’s Profit Briefing segment on AgDay TV.

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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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