Uncertainty continues to surround the grain markets, with many traders unsure of planted acres. Progressive Ag Marketing market analyst Brian Strommen says the planted acres may not be known until fall. “We’ll see what happens in about five weeks.” Crop conditions are another area where traders seem to be very uncertain, given how late this crop got put in the ground. “We hear different condition ratings in states where stands and emergence weren’t ideal. There’s going to be lots of conversation on this as we move forward.”
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