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Alex Norton of Beeson Inc. writes that weather drove markets through the spring and summer, with heat and dryness in the U.S. Northern Plains and Canadian Prairies supporting prices. Weather has eased in recent weeks, and harvest reports and demand will now set market direction.
With the critical yield window passed, price direction shifts toward harvest results and demand, reducing the weather premium in corn, soy and wheat.
agweek.comAlex Norton, Beeson Inc.Sep 3, 2017Not enough comparable past events yet for a historical read.
Not 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.
