The U.S. Drought Monitor says 26% of corn acres, 20% of soybean acres and 47% of winter wheat acres are in drought. The wheat crop has no chance of being revived, but corn and soybeans have a long runway ahead of them.
A quick planting pace and the possible return of El Niño meant traders have not been focusing on any weather issues. However, with drought continuing to expand, a U.S. weather market might be back in play.
As the tiny number of electric cars merge into the U.S. fleet, multiple attempts have been made to compare cost of ownership and, more specifically, cost of maintenance for these new machines.
AgDay TV's national reporter Michelle Rook talks daily with industry analysts to break down crop and livestock commodity markets. Tune in when the markets open, at midday and again at close.
