Northern Crops Marketing and Investments President Brad Paulson says the recent rains across North Dakota pressured the spring wheat market. “The rain took the wind out of the sails and there’s more rain in the forecast,” says Paulson. “Then again, I don’t think the trade realizes for many farmers the rain in western North Dakota was too little too late. Some farmers didn’t get any rain.” Paulson says wheat production concerns are popping up around the world. “One-third of Australia is dry and Argentina is way too dry. The Russia and Ukraine areas are dry as well. There are other issues to talk about, too.”
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