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Length:
13 minutes
Released:
Mar 12, 2024
Format:
Podcast episode
Description
Soybeans rally on lower Brazil production estimates and weather, plus the rally in soybean oil. Funds are covering shorts with soybeans above 40 day moving averages but will the keep buying and push contracts above $12? Corn ends off highs after running into chart resistance and with farmer selling. Wheat ended mixed still absorbing the China cancellations and lower Black Sea and European prices and that is capping technical rallies. Cotton continues to rally with tight supplies and bidding for acres. Cattle tried to recover with higher boxed beef values and a higher stock market but can it negate Friday's reversals? Alan Brugler, Brugler Marketing, covers it all! See omnystudio.com/listener for privacy information.
Released:
Mar 12, 2024
Format:
Podcast episode
Titles in the series (100)
Markets Now Midday Markets and Report Analysis 3-28-24 by Markets Now with Michelle Rook