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Grain prices have been on a downward trend for much of May, due to a variety of factors. Mostly agreeable weather has traders still expecting trendline yields or higher for the most part. Supplies are low, but that’s not “new news” and has already been baked into prices. Demand has been robust overall but uneven as of late.
In the latest Midweek Markets, we talked through many of the top factors affecting grain prices this week, such as supply, demand, weather, ethanol trends and more. And be sure to stick around to the end to hear a bonus discussion on whether we think the “alt meat bubble” is about to pop!
Listen to Midweek Markets podcast for May 26, 2021:
Farm Futures Market Update · 05 - 26 - 2021 MM PODCAST
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