Jared Creed of JJC Marketing Services talks with U.S. Farm Report’s Tyne Morgan about wheat exports and the winter wheat crop.
Analysis: Wheat Markets Continue to Fight for Higher Prices
Jared Creed of JJC Marketing Services talks with U.S. Farm Report’s Tyne Morgan about wheat exports and the winter wheat crop.
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Mark Schultz of Northstar Commodity says grain markets also saw some position squaring by traders heading into a three-day weekend as the markets are closed on Friday for Juneteenth.
Cattle futures were lower early Thursday seeing some profit taking after some technical chart breakouts this week, but also positioning ahead of the holiday.
Soybeans ended higher as rumored export business was confirmed by USDA with a flash sale of 13.7 million bu. to unknown destinations. However, China was also looking for corn and wheat.
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