The war between Israel and Hamas appears to be contained to their region. NDSU Extension Crops Economist Frayne Olson says the war hasn’t had an impact on the U.S. grain market yet. “I want to be very clear about that, so far we haven’t seen any risk premium show up in the corn or wheat markets.” Olson is watching to see if Iran becomes involved in the conflict, which could lead to increased volatility in the region. “That’s when we’ll see the grain markets respond with concerns about product flow.”
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