No fooling the market: Late planting and harvesting may not trip market anymore

摘要

For years, weather-related crop concerns such as late planting or late harvesting have gained the attention of the grain market, moving it sharply higher or lower. The question many are asking is will the market budge this year based on the current talk of a wet spring? Or, is this a grown-up market, not to be fooled again? In recent years, fearing the U.S. farmer may have a drag in yield potential and fewer planted acres, the market jumped as a result of inclement crop weather.