Corn and wheat prices are edging higher, with the U.S. dollar diverging.
Topsoil moisture to get the crop up was adequate, but subsoil moisture is dry.
Corn emergence is over the halfway point.
Friday’s investors like the news that China has dropped anti-dumping measures for imports of U.S. sorghum.
With 82% of Iowa’s farmland paid for, landowners have built up buying capacity.
USDA released its weekly Crop Progress Report Monday.
The U.S. dollar is lower, helping the prospects of a turnaround in prices or limiting losses.
World crops feel the pinch of unfavorable growing weather.
In both crops, Minnesota farmers remain behind everyone this planting season.
Going into the weekend, investors are looking for bullish news to trade.