Grains to soften overnight, on potential Black Sea moisture in two weeks.
Grain Markets React to Weather Models; US Agriculture Prepares for Policy Shifts Amid Trade Challenges and Record Cattle Prices
After a firm/higher start in the grains overnight, selling entered shortly after and continued throughout the night. Selling pressure is tied to the European weather model suggesting some moisture moving into the Plains in the 12-14 day window. The market is highly sensitive, so they sold even though AI/GFS and Canadian model forecasts remain dry for th…
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