As panic hits the pits, Wells Fargo's Sameer Samana makes a contrarian call, arguing it's a good...

|By:, SA News Editor

As panic hits the pits, Wells Fargo's Sameer Samana makes a contrarian call, arguing it's a good time to cover bullish grain bets. The weather is improving, he says, and low yields are priced in. "There seem to be fewer catalysts for price appreciation." Yet as Commerzbank notes, it's too late in the season for better weather to help the corn crop.