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Historic spring grain rally shifts focus to U.S. crop weather

2016-06-08 07:05:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Rows of corn wait to be harvested in a field in Minooka, Illinois, September 24, 2014. CHICAGO Grain prices have climbed this month to their highest point of the year, in one of the steepest U.S. planting-season rallies on record, propelled by a perfect storm of acute demand, crop weather concerns, currency gyrations and speculative buying. Now U.S. farmers are nearly finished planting what could be another massive corn and soybean crop, while the market is no longer surprised by Brazilian...

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