Grain TV: Cool Weather Drives Wheat Higher
Good export inspections this morning for corn and wheat while soybeans continue their seasonal decline. Wheat was the leader higher with spilloff into the other grains due to a predicted cold snap tonight as most of the nation’s crop is coming out of dormancy.
Despite a week of bearish domestic news and the lack of a need to add significant weather premium against the US crop, ICE cotton futures performed admirably. Dec gained 82,