Now that the Sept. 11 USDA World Agricultural Supply and Demand Estimates (WASDE) report is history, the trade is turning its attention to the fall harvest.
Exports will be ‘wild card’ for soybeans
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Drought in the western Plains has some farmers concerned, while the southeast and the upper Midwest is wetter than usual.
The markets are eyeing the forecast to see whether planting progress will push forward or not.
Funds in the grain market are in record long positions, and there is an energy, fertilizer and weather premium is the market, said Don Roose a…
With conflict ongoing in the Middle East, the grain market is looking for other movement.
