Grains are all higher early Friday.  Darin Newsom, Sr. Market Analyst with Barchart says some of the support coming from election jitters but demand is also a part of it.  More big flash sales reported as Mexico bought 30.8 million bushels of corn and China and unknown bought over 12 milllion bushels of soybeans.  There is also geopolitical concern coming from the Middle East war that may be supporting especially wheat and crude oil.  Soybean oil is making near term highs following palm oil but with a 30,000 mt sale to India.  Newsom says cattle look toppy and the S and P may be topping as well after Thursday's bearish monthly reversal.  

Grains are all higher early Friday.  Darin Newsom, Sr. Market Analyst with Barchart says some of the support coming from election jitters but demand is also a part of it.  More big flash sales reported as Mexico bought 30.8 million bushels of corn and China and unknown bought over 12 milllion bushels of soybeans.  There is also geopolitical concern coming from the Middle East war that may be supporting especially wheat and crude oil.  Soybean oil is making near term highs following palm oil but with a 30,000 mt sale to India.  Newsom says cattle look toppy and the S and P may be topping as well after Thursday's bearish monthly reversal.

Michelle Rook talks daily with industry analysts to break down agricultural and commodity markets. 

Michelle Rook talks daily with industry analysts to break down agricultural and commodity markets.

Markets Now with Michelle Rook

Michelle Rook talks daily with industry analyst to break down agricultural and commodity markets. 

Michelle Rook talks daily with industry analyst to break down agricultural and commodity markets.