Game changers for grain markets

Game changers for grain markets

Grain trade must adjust to changes in fundamentals as weather and soybean carryover take center stage.

A LOT of fundamentals have changed in the last month relative to corn and soybean meal prices. The two biggest changes to which the grain trade needs to adjust include:

1. Weather. Excessive rainfall has resulted in a loss of planted and, therefore, harvested acres and will also hurt crop yields on lower-lying land in the Midwest. Soybeans do not like "wet feet." It has now become a yield guessing game until the market gets a much better han

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