With May and its ag commodity rally in the rearview mirror, it seems an appropriate time to look at what factors are likely to influence the markets in June. Some of the same dynamics currently at play will certainly be relevant in the coming month, but history never repeats itself in the exact same way. The following crops and livestock outlooks offer brief examination of what factors may shape commodity markets in the coming month. Crops Outlook Weather The biggest factor for grain and oilseed markets will be the Midwest weather and planting progress (or lack thereof). The latest 30-day forecast from NOAA suggests June will hold normal temperatures for the Corn Belt but below-average temperatures for the Plains states. Moreover...
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