Hat tip to 'TRex2', over at EHP-Discussion site:Looks like the weather has finally gotten bad enough to begin affecting food prices. Until now, I haven't seen any articles from respectable sources discussing this,
Hubbs on Grain: Corn Price Strength Grows on Supply Issues
https://agfax.com/2019/05/28/hubbs-on-grain-corn-price-strength-grows-on-supply-issues/
(SNIP) ... Domestic corn exports should maintain a steady pace into the summer months but could lead to lower projected corn exports during the 2018-19 marketing year. While demand appears to be weakening, the potential crop shortfall points toward much higher corn prices in 2019.
DTN Grain Close: Prices Higher Across the Board
https://agfax.com/2019/05/30/dtn-grain-close-prices-higher-across-the-board/
Thursday’s trade saw a resumption of higher prices throughout the grain sector, this time led by winter wheat as rain continues to be an unwelcome threat to crops in 2019. The persistent rally in corn took a toll on Thursday’s cattle prices, sending August feeders down to their $4.50 per cwt limit.