Analyst looks for weather volatility in June

A market analyst anticipates some weather volatility this month.

Craig Turner with StoneX tells Brownfield planting delays won’t be a factor much longer.

“There is some weather premium in the market, but prices are so elevated to begin with, and the weather issues have been known for awhile, it still remains to be seen how much of that is priced in.”

But he’s not discounting some significant moves up or down depending on growing conditions.

…