Are grain markets at their mid-summer lows? — this week in the grain markets



Grain markets turned lower for the second straight week as the complex prices in some better weather and the impact that trade war payments might have on the bottom lines of U.S. farmers. For Mother Nature, expectations are that August weather for the Midwest will bring more hot, dry conditions, which should certainly get the attention of the bulls (but likely only come into play once the calendar actually flips to August). The U.S. Wheat Quality Council’s crop tour took place across North Dakota and Minnesota this past week, with the goal of understanding what durum and wheat yields are…

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