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The grain complex is sharply higher ahead of tomorrow's USDA report, expected to confirm a steep...

The grain complex is sharply higher ahead of tomorrow's USDA report, expected to confirm a steep decline in reserves. Needing a perfect growing season to rebuild inventories, wet weather in some regions is preventing farmers from getting the crop planted and dry weather elsewhere will pinch yields. JJG +2.8%.
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Comments (3)
  • Mike Maher
    , contributor
    Comments (2610) | Send Message
     
    Flooding in the Mississippi River and related damage to export infrastructure will also add to prices. Corn and wheat should continue the trend higher
    8 Jun 2011, 01:18 PM Reply Like
  • tigersam
    , contributor
    Comments (1711) | Send Message
     
    What is going on here? Flooding in the Mississippi River states and no rain in East coast and West coast. I have to water my tomato plants everyday.
    8 Jun 2011, 01:50 PM Reply Like
  • Mike Maher
    , contributor
    Comments (2610) | Send Message
     
    Im in NJ and have the same problem. Watering the garden everyday, hopefully we see some rain at the end of the week
    8 Jun 2011, 03:41 PM Reply Like
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