Chicago was pressured lower today by three key factors: 

Badly needed rain dropping this weekend. 

Crop tour reports of better yields. 

Bearish macro-markets that were in turn pressured lower by concerns about the spread of the Delta COVID variant and Federal Reserve tapering of liquidity stimulus. 

Rain makes grain and concurrently causes prices to fall. Right now, the forecast should give a boost to northern Plains/Canadian crops that otherwise have had an unpleasant summer. Volume was mixed with higher participation in the soy complex and HRS, with lower volumes in corn, plus HRW and HRS. It was a beat-down day with intra-day lows breaking through support levels and staying that way at the close ex...