Aug 03, 2018 03:50 PM
After our column last week about Taught Not to Lose Money, this week was all about making money. If you are a grain producer/marketer and have lifted most of your hedges, this was good week. Wheat futures were very “buoyant” including a day where they were briefly 35 cents higher. For the week, corn, beans and wheat all posted nice gains. The rumor mills were working overtime on China, Ukraine, tariff and other news, but the bottom line is that you just have to follow the money.