AgriTak PM: Midwest Moisture Puts Pressure on Corn, Soybean Prices Monday

Corn and soybean prices saw pressure on Monday as recent rains in the Midwest weighed on the market. Wheat futures also traded lower, falling to the lowest level in more than a month.

Corn and soybean prices saw pressure on Monday as recent rains in the Midwest weighed on the market. Wheat futures also traded lower, falling to the lowest level in more than a month. 
Corn and soybean prices saw pressure on Monday as recent rains in the Midwest weighed on the market. Wheat futures also traded lower, falling to the lowest level in more than a month.
(AgWeb)

Corn and soybean prices saw pressure on Monday as recent rains in the Midwest weighed on the market.

Wheat futures also traded lower, falling to the lowest level in more than a month.

Chip Flory, host of AgriTalk, took a deep dive into Monday’s market action with Sam Hudson of Cornbelt Marketing.

AgWeb-Logo crop
Related Stories
Last week Jerry Gulke, president of The Gulke Group, predicted the highs had been made in the grain markets on May 13. After reading the White House fact sheet on the China trade framework, he says he hasn’t changed his mind.
Did this week’s disappointment regarding the China summit top the grain markets for the year?
Using crop diversity, conservation tillage and a contract-first mindset, the Ruddenklau family works to keep their operation moving forward.
Get News Daily
Get Market Alerts
Get News & Markets App