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A grain marketer told Brownfield that wheat marketing opportunities should continue through July 4, with July CBOT futures near $5.20. Harvest is set to ramp up in Michigan, Indiana and Ohio in early July, and weather in the Central and Southern Plains will drive prices.
Commentary expecting modest upside into July with weather as the key variable; no new supply shock, so impact is limited.
brownfieldagnews.comNicole HeslipJun 13, 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.
