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is there a drought premium factored in the grain markets ?
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RCT
Posted 11/22/2012 15:42 (#2711099)
Subject: is there a drought premium factored in the grain markets ?



S.C. Minn

been thinking about the post below and was wondering if anyone feels there is a drought premium in the wheat, corn or soybean market for N/C 2013 ?
There is only a few days or weeks left before the midwest soils are frozen.
Soil scientists estimate our sub soils are 10-12" of rain short. 



Edited by RCT 11/22/2012 16:35
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