The heatwave hitting the Midwest could wreak havoc on our corn crop, says Dennis Gartman....
The heatwave hitting the Midwest could wreak havoc on our corn crop, says Dennis Gartman. Without a good storm we may lose it, which could, in turn, ripple across a wide range of other industries as well. Corn is used in a variety of products from candy to renewable fuels. The key date to watch for is Independence Day. The Midwest needs a good soaker by July 4th to keep the corn crop stable. If not, Gartman warns, we're looking at a potential game changer for the markets.
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