A veteran market analyst wonders how much strength remains for corn and soybean prices. Dale Durchholz says maintaining a bull market requires a constant supply of positive news.
“I’m not necessarily bearish,” said Durchholz, “but I see a market right now that I think might be running out of bullets at least for the short term.”
The outlook for weakness in the dollar will provide near-term strength for commodities, according to Durchholz, speaking during the recent virtual National Association of Farm Broadcasting Convention.
