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A Grainews columnist reviews the 2018 season, covering La Niña-driven dryness in the US and Prairie snow, spring seeding delays, and timely June rains. He notes speculative buying during weather-driven rallies in feed grains.
Weather scares and speculative positioning have driven feed grain volatility, and future price direction will depend on summer weather and trade developments.
grainews.caBrian WittalJul 30, 2018Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
