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Widespread rain delays Sask. harvest amid fears of crop downgrading

Widespread rain across the Saskatchewan grainbelt is delaying harvest and may cause some crop loss.
 
The vice chair of SaskWheat, Scott Hepworth, says his farm at Assiniboia has had about 30 millimeters of rain since the weekend.
 
He says “this is the kind of worst weather we could possibly dream of right now.”
 
Rainfall has reached over 25 millimeters in Regina.
 
Hepworth is worried about possible downgrading of some cereal crops, particularly durum wheat.
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Increased Geo Political Tensions = SELL AMERICA TRADE + Argentina Dry

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Higher geo-politics from Trump wanting to annex Greenlland to conflict with Iran has caused investors to sell everything America. With Matto Grosso Brazil 7% harvested weather has turned wet as harvest progresses but Argentina has turned dry! Both soybean and wheat futures have traded back above the pre-USDA January crop report close a positive technical chart signal. A monster weekly U.S. export report is price supportive but a kick the can down the road on E15 is very disappointing.