Heavy selling creates downturn in corn, wheat markets
Most of the selling was tied to money flow. The funds, who have been aggressive buyers of all the grains through the planting and growing season, have turned to be heavy sellers, according to
Stay updated with breaking news from Don Wick. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Most of the selling was tied to money flow. The funds, who have been aggressive buyers of all the grains through the planting and growing season, have turned to be heavy sellers, according to
Renewable Fuel Standard announcements, railroad negotiations, Chinese lockdowns and war in Russia and Ukraine were big factors in this week's grain markets, Don Wick of Red River Farm Network and Randy Martinson of Martinson Ag Risk Management said on the Agweek Market Wrap.
The USDA had some surprising numbers this week in the Crop Production and World Agricultural Supply and Demand Estimates reports. Randy Martinson of Martinson Ag Risk Management and Don Wick of Red River Farm Network discuss that, as well as exports, what a railroad strike would mean for markets, the Black Sea grain deal, an uneventful week in livestock and more on this week's Agweek Market Wrap.
Randy Martinson of Martinson Ag Risk Management and Don Wick of Red River Farm Network discussed Russia's back-and-forth on the Black Sea grain shipping pact, weather, interest rates, supply and demand and more on the Agweek Market Wrap.
Randy Martinson of Martinson Ag Risk Management and Don Wick of the Red River Farm Network talk about the narrow trading range for corn and soybeans, export news, South American weather, Mississippi River water levels and more on this week's Agweek Market Wrap.