It is very much a holiday grain market with a rally into Thanksgiving, but Don Roose of U.S. Commodities said that could change.
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Eyes on South American crop with world glut
With their ability to “flex” to fill in space between neighboring plants, soybean plants can adapt to varying population levels a little better than corn can.
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The peak risk management period is behind farmers with crops now in the ground, and while there are dry spots in places, condition rates are lofty.
The seasonals are turning more negative currently, according to Don Roose at U.S. Commodities.
News from the United States-China talks could be a “game changer,” said Don Roose at U.S. Commodities.
