Corn and Soybeans Firm, Wheat Plunges

 
Corn and Soybeans Firm, Wheat Plunges

Corn and soybean futures enjoyed short-covering this week and prices should continue to rise seasonally. But unless fresh bullish news surfaces, upside potential in the corn and soybean markets will be limited. Meanwhile, wheat futures plummeted this week in reaction to widespread rains across the HRW Wheat Belt. Did the rains revive the crop as much as traders believe? We'll be surprised if Monday's crop ratings show a significant turnaround. On top of many domestic policy updates, we take a detailed look at the global economy in this week's Pro Farmer newsletter.

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