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Ben Rand of Blue Line Futures says an unprecedented Western drought is shrinking crops, drying up wells, tightening hay supplies and accelerating cattle herd liquidation across the region
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Bill Watts and Lane Akre talk about what to expect from a potential summer rally in soybeans; Spencer Langford previews USDA crop condition ratings and the Pro Farmer Crop Conditions Index.
Soybeans led strength overnight while wheat reluctantly followed to the upside.
USDA expected to release first corn and soybean crop condition ratings of the year...
U.S. corn, soybean condition ratings out this afternoon
Pro Farmer will launch this year’s Crop Conditions Index for both crops, providing a single, weighted, easy-to-track gauge