Grain markets started the day higher but were unable to hold early strength. The U.S. missed out on another Egyptian wheat tender overnight. Informa estimates higher corn acreage and lower soybean acreage from USDA’s March estimates. A sharp drop in spring wheat conditions in yesterday’s Crop Progress drove the spring wheat market sharply higher.
Grain TV: Spring Wheat Catapults To New Highs
Image from Ohio State University
