Chicago wheat futures surged on Monday as wind storms in U.S. grain belts caused concerns about crop damage and traders hoped reduced Russian exports could generate more demand for U.S. supplies, according to analysts.
Tariff uncertainty tied to liquidation
China looking to Brazil as it seeks to reduce reliance on U.S. agricultural goods
Feed market is ‘wait and see’ says broker
Unless tariffs throw a wrench into things
Farmers also seeding more peas, corn and oats