Concerns about a big crop continue to pressure corn markets. Jack Scoville, with Price Futures Group, says the Corn Belt has seen generally good growing conditions.
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High yield expectations pressure crop markets
A combine comes to the end of a corn field.
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The markets are eyeing the forecast to see whether planting progress will push forward or not.
Drought in the western Plains has some farmers concerned, while the southeast and the upper Midwest is wetter than usual.
Funds in the grain market are in record long positions, and there is an energy, fertilizer and weather premium is the market, said Don Roose a…
With conflict ongoing in the Middle East, the grain market is looking for other movement.
