National Ag News
Rain makes grain
May 8, 2017, 18:32 PM
by
System
A grain market analyst says despite flooding in parts of the Corn Belt, the moisture situation is more bearish than bullish.
Elaine Kub describes the wet patterns this spring as patchy.
“There are certainly delays for individual farmers and individual fields, but if you look at the drought monitor you see this incredible improvement over the past several weeks. I hate this phrase, but I’m going to say it: ‘Rain makes grain.’ And frankly, I think that’s what the futures markets are seeing here.”
She tells Brownfield any yield drag on corn should be minimal if planted within the next week.
Continue reading Rain makes grain at Brownfield Ag News.
