NEWS
Todd's Take
Todd Hultman DTN Grains Analyst
Tue Sep 16, 2014 08:45 AM CDT

The summer of 2014 has been tough on grain prices. Since the end of May, December corn has fallen from $4.57 1/2 to $3.43, November soybeans from $12.33 3/4 to $9.89 1/2, and December Chicago wheat from $6.60 1/2 to $5.00 3/4. The fundamental outlooks for all three grains were bearish early this year and, other than a brief concern of wet weather at planting time, there has been no significant threat to those bearish views in 2014.

With crop ratings for corn and soybeans at their highest levels in 20 years, expectations are high for record harvests this fall, ...

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