Weather troubles (again) could shrink corn/soybean crops
Everyone knows about the major flooding in the southeastern U.S. which will greatly cut production of corn and especially beans. Less known is that the northern and western corn belt has again turned dry. This, combined with non-planting of some fields because of Spring flooding, could cut yields way below current estimates. If weather turns cooler than normal, the late planted crop could have a harvest disaster. Buying CORN, JJG, DBA. way oversold.