How much have grain prices risen in the EU and how does it help U.S. ag?

Rising grain prices in the European Union are helping U.S. agriculture.

The more expensive they are, the fewer imports will come from Europe into the United States, according to frequent Market Day Report guest Mike Zuzolo.

Prices in the EU have gone up 14 percent since May, which is mainly due to weather issues, and that is good for U.S. futures.