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Cold snap drives wheat higher

Dec 27, 2017, 16:57 PM by System
Cold snap drives wheat higher

Soybeans were lower with weather and crop conditions generally favorable in Brazil.  More rain is expected this week, and DTN says there’s a chance for record yields in Mato Grosso. There are concerns of dry conditions in Argentina, but they had some rain last week and light showers are expected this week.

Corn was quiet, but a little higher.  Trader focus could be shifting away from large supplies and more toward demand.  Livestock production is expected to expand and ethanol production is high. 

Continue reading Cold snap drives wheat higher at Brownfield Ag News.

     

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