Managing for Profit

Fall market outlook

Jamey Kohake with Paragon Investments says soybeans have gained back a dollar and a half this month and corn is up more than a dollar as crop conditions deteriorate and uncertainty in Ukraine continues.

“There’s underpinning underneath the market that we’re not going to slide back to say $5.50 (for corn), kind of toward that bottom side of the range. Wheat market stays supportive here at $8 to $9 because of the Black Sea area, looks like there will be no ceasefires anytime soon.”