Grains continue to move higher being lead Thursday by wheat. Corn has almost all of it’s 2020/2021 contracts above the $4 mark. Soybeans continue to see strong soybean demand. Jeff Peterson, Heartland Farm Partners, discusses the fundamentals of what continues to drive the grain market higher. Of course with a market that doesn’t seem to want to stop has producers asking questions of what to do about selling into the cash market.
Peterson also addresses tough questions about China and the role their current strong demand is playing into this current market. Part of that discussion includes keying in on why the early week export inspections may be more important now than the weekly export sales report.
Cath the full conversation with Peterson here: