Dryness Concerns 'Wake' Soybean Futures

August 7, 2015 12:25 PM
Dryness Concerns 'Wake' Soybean Futures

Soybean futures rallied on Friday to post solid weekly gains as traders responded to forecasts calling for recent dry weather to extend into at least mid-month. Corn and wheat futures followed the soybean market higher, but could only muster slight gains for the week. USDA's Aug. 12 Crop Production and Supply & Demand Reports, along with the weather, will set the price tone in the grain and soy markets for the second half of August.

We take a detailed look at the condition of the crops ahead of next week's first survey-based USDA corn and soybean crop pegs -- and much more -- in this week's newsletter.

Pro Farmer Editor Brian Grete highlights this week's newsletter below:

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