An extension grain marketing economist says negative trade news and good growing conditions are a bad combination for prices.
Ed Usset with the University of Minnesota tells Brownfield markets are typically driven by weather this time of year.
“I think it’s more weather than anything else, however there’s a split. It’s 60/40. This trade deal looms large.”
U.S. crop condition ratings are as high as they’ve been in more than 20 years, and trade tensions are peaking with China and Mexico.
Continue reading A bad combination for grain prices at Brownfield Ag News.