Grains Slip on Cooler Weather in Forecast

Grains Slip on Cooler Weather in Forecast

Lower crop condition ratings were not enough to improve grain prices as cooler temperatures and rain showers move into the Midwest. (Audio)

Hot, dry weather last week lowered crop ratings, but did little to improve prices overnight as better weather for pollination is in the forecast. Grain futures traded lower overnight as rains fell in Nebraska and are moving eastward to the southwestern Midwest where the poorest crop condition ratings are located. Rain showers will be scattered at best, but cooler temperatures will be the good news for the corn and soybean crops.

Farm Futures Market Analyst Paul Burgener talks with Pam Jahnke at the Wisconsin Farm Report. Listen to their conversation using the audio player on this page.

COOL POLLINATION WEATHER: With cooler temps forecast in some areas, traders ease back.

Market Analyst Paul Burgener joined the Farm Futures team in November 2012 and brings a solid ag economics background. A former University of Nebraska Extension Ag Economist with training from the University of Wyoming, Burgener brings a lot of experience to his new role. Most recently, he was involved in agricultural finance, and will offer that perspective in future articles on the Web and in print too.

Pam Jahnke is Farm Director of the Wisconsin Farm Report that is carried on 16 stations in Wisconsin.  Known as the "Fabulous Farm Babe" Pam studied broadcast journalism and broad area agriculture at the University of Wisconsin - River Falls. After college, Pam moved into her chosen field, doing farm broadcasting, radio and television, from Green Bay to Eau Claire, WI - and she's never looked back.  Pam often says she feels like farm broadcasting and communicating on behalf of food producers is exactly what she was made for. Pam has been named "Friend of Agriculture" by the Wisconsin Department of Agriculture for her assistance in raising awareness of the "Harvest of Hope" program. She has also served as president of the National Association of Farm Broadcasting.

Looking for ways to maximize corn yield? We have a new free report - Maximize Corn Yield Potential - just updated for the 2013 season. The 32-page report offers a range of insight into ways you can put more bushels in the bin.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish