“Today, U.S. conditions look closer to normal and the drought weather pattern has ended. Combined with what looks like an early planting season, the U.S. now has prospects that could include a bumper crop in 2021 with the right weather. Of all the states, North Dakota is the sole state still at risk of drought in 2021 – so HRS wheat still has a potential bull market run in 2021.
But so far, the corn/soy bull market rally could certainly end.”
– Ray Grabanski, Progressive Ag Marketing, Inc
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Photo by Jesse Gardner