| | | | | | | In this week's newsletter: | | | There was a muted price response to USDA’s June 12 Supply & Demand and Crop Production Reports, as the data contained no major surprises. That keeps near-term focus on weather and crop developments, both in the U.S. and around the world, heading through the critical summer timeframe.
Given that funds are short the grain markets, any significant weather/crop concern would likely trigger a strong wave of buying. But barring such an occurrence, sustained price strength may be hard to come by.
Also in this week's issue:
- Hotter, drier for most U.S. crop areas
- U.S. bean demand receives a boost
- More hurdles for farm bill in 2024
- Producer crop comments
- Brazil raises corn crop estimate
- Much more!
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