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Mike Zuzolo with Global Commodity Analytics says corn and wheat followed the energy markets but also added weather premium. Soybeans were lower as China has eased its phytosanitary rules to take Brazil beans.
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Corn futures were back higher on Tuesday morning following a recovery in the crude oil market says Vince Boddicker with Farmer Trading Company.
Significant increases in energy and fertilizer costs have experts eyeing long-term impacts on corn acreage and farmer profitability.
“It’s sickening what the government can get away with,” say David and Debbie Ross. “We’ve done nothing wrong and we want a jury of our peers to hear the evidence. All of it.”
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