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Farm Progress America, May 27, 2019Farm Progress America, May 27, 2019

Max Armstrong looks at the weather-driven rally in the corn market, and the forecast ahead

May 27, 2019

Max Armstrong recalls past market years when post-holiday market rallies, often in July, which is when a rally in the corn market often happens as harvest nears. But this year’s Memorial Day rally started closer to Mother’s Day, has been prompted by continued soggy weather that has kept planters out of the field. Max looks back at a previous flood, but this year’s event is far different, and he recalls a warning from Agricultural Meteorologist Greg Soulje of the wet season as early as mid-winter; Soulje says wet weather will continue.

Farm Progress America is a daily look at key issues in agriculture. It is produced and presented by Max Armstrong, veteran farm broadcaster and host of This Week in Agribusiness.

Photo: ghornephoto/istock/Getty Images Plus

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