NEWS
Jerry Gulke DTN Columnist
Mon Feb 1, 2016 09:52 AM CST

Weather forecasts, some with a prediction of $6.50 to $7 corn based on higher than normal odds of a hot/dry summer, have not gotten much traction as some of the major media gurus have not embraced such talk, just yet. Interestingly, since the Dec 2014 lows, all grains/oilseeds are actually higher for 2016, albeit not much, but higher nonetheless, suggesting there is little if any weather premium in the prices. Friday's nice rally may have been a wake-up call? At a minimum, the gains that actually helped prices hold gains for the year 2016. February will likely see some fairly ...

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