Dry weather causing crop market concerns
The dry northern Illinois weather likely will affect the June corn and soybean estimates released Friday by the U.S. Department of Agriculture.
The June Acreage and Grain Stocks Reports indicate the rate of consumption during the third quarter of the 2011-2012 marketing year and give producers an idea of how much supply will be available in the fourth quarter.
“In a normal year, it would affect what market prices would be,” said Roger Faivre, who farms southwest of
DeKalb. “The dry weather has taken a more important role.”
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