Wheat selling intensified today, dragging down the rest of the grain complex. Positive weather in key wheat production areas continues to add pressure. A report that corn from South America is making it’s way to the Port of Wilmington in Delaware has some concerned that U.S. corn prices are over inflated.
If we didn’t know anything about grain markets other than Friday’s Commitment of Traders data, we might think things are going pretty well across rural America. After all, noncommercial traders […]