IDAHO WHEAT COMMISSION

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USDA Reports Could Startle Market

Prices for corn, soybeans and wheat have continued to go lower over the last few days. There are fundamental reasons that have pushed prices down, but there is also the fear of surprises in the coming U.S. Department of Agriculture reports. It is a fact that weather forecasts have improved in South America. Brazil and Argentina, the primary nations for grain production, have seen rain salvage their crops at a critical time, so analysts are now moderating their very negative views for grain production there.

Read more about USDA reports here