The weather in the U.S. Midwest has gotten cooler and much wetter and that has literally thrown cold water on the bull market run in grains. Indeed, for the grain market bulls the weather market is at best on pause and at worst has run its course. This has been a typical weather market: one that builds into a volatile daily trading affair and then all of a sudden the weather changes and the weather market dies. The bulls can correctly argue that the historically hotter and drier months of July and August lie just ahead. Those two months are arguably the most important growing months for the U.S. corn and soybean crops. Stay tuned!