Will grain markets settle or soar in July? — this week in the grain markets

by

Opinion

In a shortened week of trading due to Canada Day and the Fourth of July in America, trading volume was light and the oilseeds complex saw the worst performance, highlighted by soybeans dropping almost 2% on Friday alone, mainly attributed to the ongoing trade dispute with China and big stockpiles revealed last Friday by the USDA. Granted, there were some solid export sales numbers this week for U.S. soybeans, it wasn’t enough to keep traders from taking profits on Friday. While we’ve passed through the middle point of the calendar year, we’re just hitting the core time of the growing…

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