When it comes to long term weather outlooks, water temperatures in the Pacific Ocean are often used to predict what’s to come. For grain markets weighed down by large global supplies, the main Pacific indicators are showing no sign of an imminent weather issue reducing grain production, says a meteorologist who spoke at the Cereals North America market outlook conference… Read More

Grain markets can be complex, but there are times when simple economics are all that’s needed to describe a situation. If supply grows faster than demand, then prices drop. “World demand for grains — corn, soybeans and wheat — is up less than 1 percent, while global production is up a little over 2 percent, so… Read More

 

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