Opinion

This week finalized a tumultuous month for grain markets with China, weather, and crop conditions owning the headlines. While most grain prices on the futures board were able to find some gains for the week, it was a bearish month for the complex. As the table below shows, wheat and corn prices took the hardest hits on this August. For context, August tends to be bearish as the harvest potential becomes a bit clearer and seasonal lows are usually seen. While Harvest 2019 is picking up speed, so is Mother Nature’s interest in winter. Specific to northern U.S. states and…

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