Model spread (Days 1–14, prod-wghtd):
• ECMWF: Corn −17%, Soybeans −20%
• GEFS: Corn −10%, Soybeans −13%
• AIFS: Corn −4%, Soybeans −4%

Same direction (drier), different magnitude—fuel for volatility in #Corn & #Soybeans.

#graintrading #oatt #Grains #AgWx #AgWeather

As a bulk commodity sector, these are the fundamentals of #GrainTrading:
1️⃣ Low margins (1-3%)
2️⃣ Huge volumes
3️⃣ Demand grows along with population
4️⃣ Supply based on harvests -> highly correlated with weather

Whatever the current discussion is, the situation always follows these fundamental rules.

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#CropProphet #Soybeans #GrainTrading #WeatherRisk #AgWeather #Argentina