Grain TV: Wheat Carries Corn Lower on Wet Forecast
Overnight gains were unable to hold as markets moved lower throughout the day with feeble attempts at rallies. The Brazilian soybean crop continues to show strong promise, pressuring prices with expectations of heavy export competition. Brazil’s second safrina corn crop is also off to a solid start.
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