Grain Markets Hit a Mid-Summer Slump— What's Your Plan for Harvest Sales?

by

Opinion

Grains this week were a bit boring as rain landing in most growing areas across North America and even Australia prompted a few estimate increases despite the lingering threat of an El Niño. Friday did bring some action as a lower U.S. dollar and some strong U.S. export sales helped pull the complex higher for most sectors to close in the green. All week, the market had been relatively quiet as the complex tossed and turned over direction of technicals and sizes of crops. More than a few new estimates were released for production in many areas and given the…

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