Yield and production speculations — This week in the grain markets

by

Opinion

The first full week of trading in June was highly volatile for the grain markets, as the complex whipsawed around on continued planting concerns (namely Prevent Plant corn acres), weather forecasts, and fresh trade issues. Simply put, there are a lot of factors impacting the market and that’s why we saw some wild intraday swings in trading. For the most part, traders seem to believe that regardless of the date, the U.S. crop will get planted, and saw profits taken off the board from last week. Minneapolis hard red spring wheat was the only grain that made any major gains…

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