Grain and soybean markets are higher today, mainly in reaction to the weekend’s turbulent weather across much of the central U.S.
But Don Roose, president of U.S. Commodities, says the initial reaction in corn and soybeans was somewhat muted because the areas most impacted by the heavy rains, in Missouri and southern Illinois, are not considered “major” production areas.
“It is our first little weather scare of the year and we expect we’re going to have more of these as we go through the year,” Roose says.
Continue reading Markets react to turbulent weather at Brownfield Ag News.
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