date:May 18, 2012
Kansas is starting to make their way around the CME Group grain pits in Chicago. Soybean stocks are already tight and wheat's role in the grains complex is amplified right now, says Kevin Penner, market analyst with AgTraderTalk.com in Johnston, Iowa.
I think the trade may start to take notice. Beans are already considered extremely tight for next year so if there arent as many double-crop acres due to dryness that will magnify the tight stocks issue which could bolster prices, he says. Also,