Markets in a Holding Pattern

Total Farm Marketing Senior Market Advisor Bryan Doherty feels it will likely take a combination of a change in the weather forecast and an increase in demand to bottom the grain markets. “There’s not a lot of buy orders underneath the market despite it being weak,” said Doherty. “Intuitively, if prices are getting cheap, it’s a good value, but there’s no pinch point for the ending user to jump at this.”