Futures markets look ahead to WASDE report
Marlin Clark offers a grain markets update ahead of the World Agricultural Supply and Demand Estimates report due out in the middle of the day June 12.
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Marlin Clark offers a grain markets update ahead of the World Agricultural Supply and Demand Estimates report due out in the middle of the day June 12.
Grain Market Insider analyst says USDA may respond to planting delays by lowering the corn yield estimate in next week's WASDE report.
Wheat prices led the way as the July Chicago contract fell 46 cents per bushel at US$4.46. The July Kansas City hard red wheat contract dropped 43.5 cents at US$6.7625/bu., while the July Minneapolis spring wheat contract lost 39.5 cents at US$7.1250/bu.
As planting of the 2024 durum crop steadily progresses, durum prices have remained steady for the past few weeks.
Despite wet spring weather that pushed planting beyond the typical window, Mississippi corn producers have essentially completed planting and the...