Rally could be on way

By Malcolm Bartholomaeus, Market Analyst
April 19 2017 - 9:30am
CHANGES: Wet and cold conditions may hold up plantings in North America. Dry weather is poised to become a factor in Europe, with moisture levels lower than ideal.
CHANGES: Wet and cold conditions may hold up plantings in North America. Dry weather is poised to become a factor in Europe, with moisture levels lower than ideal.

The wheat market eased a little going into Easter – stalling a minor rally – but higher prices may return with the end of April and the expiry of May options and the May futures contract.

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