Drier Weather and perceived planting progress are dragging markets lower at midweek.
Dust is flying in places like Michigan, Ohio and Indiana where farmers are way behind in planting compared to historical averages. A small window of dry weather is helping farmers get into their fields. While planting progress won’t be fully recognized until next week’s report, the perceived planting pace is putting markets on notice.
AgDay Host Clinton Griffiths talks with Bill Biedermann, an analyst with AgMarket.Net. They discuss if the end of a weather market is here in this video.