NEWS
Todd's Take
Todd Hultman DTN Grains Analyst
Tue Sep 30, 2014 07:20 AM CDT

As I wrote last week in "It Gets Better (Usually)," it's not every year that all the facets of weather cooperate well enough throughout the season to produce a record corn yield. We saw 2014 will be the 14th such occurrence since 1970. Because corn and wheat are both energy-rich grains, what is bearish for corn prices also tends to be bearish for wheat.

Of course, wheat prices have their own fundamentals and, for 2014-15, USDA is estimating world wheat production at a record-high 720 million metric tons, or roughly 26.5 billion bushels. Somewhat like last week's discussion of record ...

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