The 2019 Top Producer Summit is buzzing with trade discussion as marketers and the nation’s largest farmers discuss the lack of export data continuing to weigh down grain markets.
“When it comes to capturing upside potential or seeing some of that volatility that tends to create some opportunities in the market, no, we don't have enough information right now,” Angie Setzer of Citizens Grain LLC told AgDay’s Betsy Jibben at the Summit. “The market structure is waiting to see what the USDA is going to say.”
Markets are not as concerned about the “meat” of the information, according to Setzer. Instead, traders are worried there could be a surprise when export data is released following the shutdown....MORE
Thursday, January 17, 2019
Grains: Ag Markets Weighed Down by Lack Of Export Data
From AgWeb:
