Managing for Profit
Weather not doing grain markets many favors
DTN lead analyst Todd Hultman says there are areas of ‘haves and have nots’ across, the Corn Belt, but overall conditions are quite favorable for crop development.
Plus, he suggests those ‘have not’s have received beneficial moisture in the last week.
And moving forward, Hultman says near and long-term forecasts are going to be a bigger price influence than the weekly condition ratings.
Tags: Commodities, commodity prices, Corn, Crops, DTN, Farm Income/Prices, heat, Managing For Profit, moisture, MondayMFP, Soybeans, USDA, Weather
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