The Money Farm President Allison Thompson sees a sideways trading range continuing in the short term. “What the market really needs is some supply and demand news and without that we’re trending here,” said Thompson. Harvest pressure is major market feature for the end of September and early October. “That’s also the planting time for South America so any updates on their planting progress, when their monsoons arrive if they arrive, and given that markets are trending sideways I don’t think we’re seeing any weather premium built into this market yet.” The Money Farm and KRJB Radio hosted AgFest this past Thursday in Ada, Minnesota.
