A strong start to 2020 grain markets, but will it last? — this week in the grain markets

by

Opinion

Despite a bit of a sell-off on Friday, January 3rd, grain markets are starting 2020 strong, as trade deals buzz and strong export activity are fueling higher prices in a shortened trading week. Also weighing on the markets is the boatload of data that the United States Department of Agriculture (USDA) is going to release next Friday, including the normal WASDE report, quarterly grain stocks, and finally, winter wheat seeded acres. While prices performed generally positive for the month of December, the highs seen at the end of September nullified some of the gains from a quarterly performance perspective. This…

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