Pro Farmer Editor Chip Flory and Senior Market Analyst Brian Grete discuss how the tight old-crop situation is influencing action in the futures market as well as that of the cash market for the corn and soybeans, before looking ahead to USDA’s reports next week in this week’s Pro Farmer Profit Briefing clip on AgDay TV.
PF Video: Tight Old-Crop Supplies in Focus
Chip Flory and Brian Grete discuss how the supply situation is influencing market action.
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Brian Grete with Commstock Investments says, “We’ve seen China come in and be a fairly active buyer over the past several weeks here of new crop U.S. soybeans. There was more talk of that on Friday. And so that gave us some price support.”
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