A market analyst says the potential for improved weather conditions in the short term has been weighing on the grain markets.
Tim Marsh tells Brownfield the dryness that developed across much of the Corn Belt in May and June is shrinking, but it’s still dry in a few areas as August begins.
“There are portions of northern Iowa, Minnesota, the Dakotas and Missouri that remain on the dry side.”
An improvement in the weather forecast could mean a more stable U.S.