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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DuWayne Bosse of Bolt Marketing says the trade action Friday was disappointing in corn and soybeans after key reversals on Thursday.
With summer patterns running four weeks behind schedule, meteorologist Don Day urges growers to plan in short windows for the second half of the growing season.
Scott Varilek with Kooima Kooima Varilek says cattle futures were seeing some profit taking early Friday as they are overbought. However, futures haven’t stayed down long with the strength in the cash market.
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