Reading a grain market without a trading desk

You don't need a Bloomberg terminal to understand why a crop is worth what it is this week. A handful of forces do most of the work.

The big three

Weather

A drought two continents away can lift a local price.

Trade & policy

Tariffs, export bans and subsidies redraw the map fast.

Stocks-to-use

How much is in the bin versus how much gets eaten.

Currency

A strong dollar makes exports dearer abroad.

None of this is advice — just the vocabulary to follow the story. About this project.