There has been a lot of uncertainty the last couple weeks with the Federal Reserve interest rate increase, The Federal Reserve comments, the Jobs Report and then the USDA Supply Demand Report Wednesday. Commodity Broker Gordy Kralovetz with Chiodo Commodities said with all those reports it was a good couple of weeks on very good volume.

Then there is the weather in South America. It is too dry in Argentina and Southern Brazil, and too wet in central Brazil. That is delaying bean harvest and planting of the second crop of corn. The USDA has projected an all time record corn and bean crop out of South America. Click on the link above and listen to Gordy talk about the ag markets last week.

 

 

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