Ukraine faces off against Argentina in becoming the second top exporter of corn.
Global politics have made the US dollar stronger while making the value of wheat from Chicago and Kansas weaker.
One wonders what actual deal the Americans will have done with China to reduce those particular tensions – perhaps the USA will now go easy on...
With so many additional bushels being produced in South America, we have to expect greater export competition.
Farmers need to manage price risk and traders can take advantage of the trending market.