AgDay Meteorologist Mike Hoffman says wet weather is in store for the middle of the country this week. Get the full forecast in the video above.
Hoffman’s Forecast: It’s Going to be Wet in the Middle of the Country
Mike Hoffman’s AgDay forecast
(AgDay)
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The row crop and cotton markets saw some early support Thursday from a rally in crude oil as doubts about the peace deal with Iran came into question.
Grains markets were mostly higher Thursday morning except hard red winter wheat following a bounce in crude oil says Mike Minor with Professional Ag Marketing.
Corn and wheat futures saw more fund selling and long liquidation end of month but it was triggered by war headlines. Chuck Shelby with Zaner Ag Hedge says those markets continue to remove risk premium.
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FTC chairman Andrew Ferguson announced a formal investigation Thursday into fertilizer pricing and market concentration, drawing a standing ovation from farmers representing 18 states.
