|Day's Range||0.8700 - 0.8700|
The price of Kansas City Hard Red Winter wheat could jump by as much as 40% over the next few weeks on predictions of hot, dry weather early next year followed by destructive flooding
Farmers just began harvesting their crops but a wet spring and the U.S.-China trade war are creating uncertainty that is depressing crop prices.
A rainy start to the planting season set farmers week behind schedule. The adverse weather is now acting as a catalyst for higher prices over the weeks or months ahead.
Agricultural commodities are surging this month buoyed by bad weather conditions that wreaked havoc in the major growing regions of the crops, delaying the crop plantations.
Nearby resistance on the charts of major agriculture commodities suggests that the bears will regain control of the long-term trend.
Farmers continue to struggle after major weather events over the past year and the ongoing U.S.-China trade war. Yahoo Finance's Julie Hyman, Adam Shapiro, Rick Newman, Dan Howley and Nathan Kaufman, Vice President of the Kansas City Federal Reserve Bank discuss.
As the trade war with China drags out farmers are losing patience with the President's policies. Yahoo Finance's Adam Shapiro, Brian Sozzi, Oliver Pursche, Brruderman Asset Management Chief Market Strategist and Blake Hurst Missouri Farm Bureau President discuss.
Yahoo Finance's Adam Shapiro, Akiki Fujita, Brian Cheung and Sal Gilbertie - President Teucrium Trading discuss the corn futures market.