This Week in the Grain Markets — Whose Numbers Need a Reality Check?

by

Opinion

The grain markets continued to push lower this week as favourable weather and temperatures and a strong U.S. dollar did not help any bullish players. Wheat has had nine straight sessions of going lower, dropping over 7.5 per cent in last week, while corn had its worst week in the past year, down almost seven per cent for the September contract. The rest of the complex didn’t fare much better with oats the biggest loser, down 8.6 per cent while soybeans dropped 3.5 per cent and canola was able to stand against the grains (pun intended) with only 2.5 per…

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