Pro Farmer Editor Chip Flory and Senior Market Analyst Brian Grete preview USDA’s May Supply & Demand Reports in this week’s Profit Briefing on AgDay Television.
PF Video: Preview of USDA’s May Reports
Pro Farmer’s Chip Flory and Brian Grete anticipate USDA’s reports.
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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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