Afternoon Market Recap for April 12, 2021
Soybeans and wheat prices also land in the red Monday Grain markets started the week off on the wrong foot, with corn, soybeans and wheat all losing around 1.5% Monday after a round of technical selling as traders unwound a portion of very large net long positions for each grain. Dry forecasts for the central U.S. also brought some planting pressure into the mix today. Later this week will bring a mix of wet and dry weather, depending on where you live. Much of the central Corn Belt should receive no measurable rainfall between Tuesday and Friday, while parts of the upper Midwest may gather a...