Recent developments in the grain industry have driven up the cost of
doing business for grain elevators. As a result, some government officials are
concerned that more elevators could be financially strapped.
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You'd have to return to 1967 to match the current era of low interest
rates. But inflation is making investors nervous about the future and that
means you may need to act fast to lock in bargain terms.
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Republican leaders are divided on the legislation, which could make
it easier to get the coveted 290 votes needed to override an expected veto.
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Having fulfilled its long-held price projection, the question in the
corn market is: Where do contracts go from here?
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Brazil's main soybean harvest is almost complete and production
estimates continue in the range of 60 million to 63 million metric tons.
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