General Comments The widespread rains that were supposed to cover the western Corn Belt missed. That should have meant much stronger openings Sunday evening, but that didn't happen either. Markets opened slightly higher, but that strength only lasted a few minutes before prices turned slightly lower. The corn and wheat markets focused on cooler temperatures and not the lack of rain. The soy complex continued its push higher with big gains in the August soybean and soybean meal contracts.The dollar index was weak today, down about .4 percent. Crude oil was also lower. U.S. financial markets were just slightly higher.There were no export sales announcements today.
Soy Complex FUTURES Friday's run in the soybean and soybean meal mark...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
