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.

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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Matt Bennett with AgMarket.Net says grains rallied most of August and got a bit overbought so the correction was overdue and healthy. Plus, bull markets need to be continually fed.
Mark Knight with Farmers Keeper Financial says the grain markets are way overbought and due for a correction.
Allison Thompson with The Money Farm says the perfect storm has converged to bring massive fund buying into the grain markets and push prices to multi-year highs.
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