Market analysts are closely watching for possible price influencing factors ahead of the USDA’s U.S. Prospective Plantings report.
Dan Basse
Dan Basse with AgResource tells Brownfield his big concern right now is the Brazilian winter corn crop. “The weather is starting to become rather harsh down there so the world cannot afford to lose that Brazilian export potential.”
Basse says any prolonged weather problem would likely cause another spike in commodity prices and might influence planting decisions.