Grain, Soybean Futures Higher in Trading

An article on Successful Farming

Grain and soybean futures jumped overnight after disappointing results from the spring wheat tour and as the war with Iran intensifies.

Results from the annual spring wheat tour of North Dakota showed yields likely declined year-over-year, according to media reports.

Hot, dry weather hit the U.S. northern Plains in recent weeks, curbing yield potential for crops in the region.

Also boosting prices overnight are rising tensions in the Middle East.

The U.S. bombed Iran for an 11th consecutive night as Iran ratchets up it rhetoric and continues to attack its neighbors. Jordan said it was attacked overnight but that it intercepted and destroyed projectiles fired from Iran, according to several media reports.

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