Grain TV: Soybeans Hammered by South American Weather
Rains in South America hammered the soybean market while corn remained relatively unchanged, moving slightly higher. While the rain event should seem to be more of a corn story, soybean’s sharp decline could stem from a lack of any major upcoming reports to keep the bulls in the market following last week’s rally.
I recently attended a Farm Credit Director Development program in Charleston, South Carolina, where Dave Kohl presented an agricultural economic update. I thought his presentation was exceptional. He described agricultural