Canada's wheat crop larger than estimated causing weakness today in the grain trade

Canada's wheat acreage jumped 1.3 million acres over last year and 600,000 acres more than their estimates for this morning, putting heavy pressure to the downside on spring wheat which drug the rest of the wheat contracts lower. Of course, as wheat went lower, it puts downward pressure to corn, keeping selling across the grain […]

Heartland Market Talk
Heartland Market Talk
Canada's wheat crop larger than estimated causing weakness today in the grain trade
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Canada's wheat acreage jumped 1.3 million acres over last year and 600,000 acres more than their estimates for this morning, putting heavy pressure to the downside on spring wheat which drug the rest of the wheat contracts lower. Of course, as wheat went lower, it puts downward pressure to corn, keeping selling across the grain complex today.

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