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Producers need to play defense in the face of an uncertain outlook for rates, sticky inflation and what may become a more opaque Federal Reserve.
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USDA also raised its corn and soybean condition ratings
Bill Watts and Lane Akre discuss the Iran peace deal, weather and the outlook for grain markets; Spencer Langford talks about the cattle market’s reaction to New World screwworm.
Corn, soybeans and wheat scored new lows overnight following a peace deal with Iran.
Grain futures under pressure as crude oil tanks on U.S.-Iran peace deal...
New World screwworm cases in U.S. now total 12