Heartland Ag Edge
Heartland Ag Edge
Argentina’s Weather Shifts Grain Trade Momentum
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Argentina’s Weather Shifts Grain Trade Momentum

Grain markets saw a volatile Wednesday with higher trades initially, led by wheat. Concerns over Argentina's dry spell and upcoming financial pressures on farmers may dampen future gains.

It's "Turnaround Tuesday" on a Wednesday, as markets were closed on Monday. Grain traded sharply higher yesterday but found additional speculative buying early this morning. However, the rally faltered shortly after the opening, led by weakness in the wheat market. Corn held firm for over an hour, trading up near $4.92 ¼ and getting within 7 ¾ cents of …

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