Grains anxiously watch weather while livestock is treading water

IARN — Grains took a beating last week. It was a fire sale of corn, soybeans, and wheat. The market conditions have really put pressure on this year’s crop, and there are still acres left to plant.

We talk about the “perfect storm” and what it takes to drive a market higher or lower. Greg McBride of Allendale joined our Opening Market Podcast today, and he talks about what is facing the markets. However, he also said that you can’t go completely negative on a crop that isn’t even completely planted yet.

For more on this story, visit the Iowa Agribusiness Radio Network.

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