MARKETS NEWS
Darin Newsom DTN Senior Analyst
Mon Apr 8, 2013 08:12 AM CDT

Weather and Technical Factors Driving KC July Wheat

Weather forecasts will move front and center in the grain markets this week, and none more so than new-crop HRW wheat. Much of the Southern Plains growing area missed out on precipitation this past week, and now faces severe weather warnings Monday. After this storm system moves through overnight temperatures are forecast to plummet well below freezing over much of the western portion of the region, extending as far south as the Texas Panhandle. From a fundamental point of view, this could be the final nail in the coffin of a crop ...

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