Wheat markets continue to light the lamp for farmers on most elevator bid sheets. The focus continues to be on the weather but bulls might be heading to the sideline for the time-being as U.S. heat fears are subsiding. The December Minneapolis hard red spring wheat contract has now lost $1.10 USD/ bushel since its high on July 5th of $8.43.…
Brennan Turner is originally from Foam Lake, SK, where his family started farming the land in the 1920s. After completing his degree in economics from Yale University and then playing some pro hockey, Mr. Turner spent some time working in finance before starting FarmLead.com, a risk-free, transparent online and mobile grain marketplace (app available) that has moved almost 150,000 MT in the last 2.5 years. His weekly column is a summary of his free, daily market note, the FarmLead Breakfast Brief. Visit the FarmLead website (www.farmlead.com) for more information and to sign up for Brennan's newsletter.
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FarmLead’s new editor, Garrett Baldwin, joins Brennan Turner this week in the AWC Market Insider column. You can find Garrett’s bio at the end of the column.
With weather a significant factor in the state of the American wheat crop, the report notes that triple-digit temperatures and dry heat have stretched…