Pro Farmer Senior Market Analyst Brian Grete and News Editor Julianne Johnston discuss the price volatility for new-crop corn and soybean contracts associated with weather on AgDay.
PF Video: Weather Contributes to Price Volatility for New-Crop Contracts
Brian Grete and Julianne Johnston discuss a more active weather system in this week’s Pro Farmer Profit Briefing.
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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.
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