World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

General Comments The color theme for grain and soy complex futures today was firmly green. Prices began to move higher overnight as trading volume picked up. Short covering was the main feature across the board. Once again, weather was the trigger. Although needed rain fell over dry southwest Iowa, those showers moved toward the southeast into Missouri and thus missing Minnesota, western Illinois and the remainder of Iowa. Midwest temperatures should warm but only to seasonal levels by this weekend, which is a good thing. However, the next chance for rain over the dry western portions may not be until the last week of the month and this worries the shorts.There were two other seemingly bullish factors for the market to consider in addi...

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farm-inputs

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feed-grains soy-oilseeds wheat

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Weighing in on strategic realignment

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