Agriculture Roundup for Friday September 20, 2019
Grain futures are stuck in neutral.
Wayne Palmer is the senior analyst with Exceed Grain Marketing. His daily report indicated all the grains will close the week basically unchanged unless there are dramatic developments in today’s trade.
The report also stated any support will come from weekly soybean and export sales that are well above expectations as China is purchasing U.S. soybeans.
Palmer said on the other side of the grain markets, wheat export sales were the lowest in 10 weeks. While the weather is conducive to getting the harvested corn and beans safely into the bins and that will add to the glut of grain supplies that has hampered grain prices in 2019.


