Too Much Rain vs. 'Rain Makes Grain' Attitude

Too Much Rain vs. 'Rain Makes Grain' Attitude

Grain and soy complex traders pressured prices this week as they were given a near-daily dose of negative news. From USDA's higher-than-expected winter wheat crop production projection, lackluster exports and the attitude that "rain makes grain," traders had little reason -- other than cover short positions -- to support prices. But with the extended outlook wet for the Midwest and Plains, prolonged soybean planting and winter wheat harvest delays could become more of a concern if the forecast is realized.

We take a detailed look at this week's USDA Supply & Demand and Crop Production Reports -- and much more -- in this week's newsletter.

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


Click here to subscribe to the Pro Farmer newsletter.

Pro Farmer Members have access to the daily news that moves the markets and impacts farm policy at

Click here to request a free trial.

Back to news


Spell Check

No comments have been posted to this News Article

Corn College TV Education Series


Get nearly 8 hours of educational video with Farm Journal's top agronomists. Produced in the field and neatly organized by topic, from spring prep to post-harvest. Order now!


Market Data provided by
Brought to you by Beyer