Corn and soybean futures had a stormy week as producers, traders, and end users tried to track the weather and growing conditions across the country. Both crops are at a critical point in the growing…
Ags
Grains Take a Nosedive
For the past two weeks, grain markets had been exploding higher on fears of hot and dry weather in the forecast, which could threaten this year’s crop yields. But on Wednesday, the USDA stunned markets…
Soy Soars to New High
Soybean prices exploded to a three-month high this week, nearing $10.00 per bushel on Friday morning. The market already had momentum from a USDA report showing that fewer soybean acres were planted this spring than…
Wheat Springs to New High
Prices for wheat continued exploding higher this week, led by Minneapolis spring wheat, which hit a three-year high on Friday. The spring wheat crop is especially threatened by widespread drought in the northern Great Plains,…