Other than that, it is a relatively dry forecast the next 14 days, with below-normal rainfall in the coming week, but slightly wetter precip in days eight through 14.
Still, oats, HRS wheat, and cotton are roaring higher along with crude oil, and dragging corn and soybeans higher in spite of worsening fundamentals.
Of course, inflation is the common thread in all commodities right now, and the expectations of traders seems to be that inflation will become somewhat out of control in the U.S.
Perhaps that makes sense when one looks at the dramtically higher prices of fertilizer for the 2022 production year.
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