The beat goes on (just more slowly). Corn and wheat prices were slightly higher overnight with soybeans slightly lower. That’s how the market opened this morning and then traded through much of the session to finish the week. Corn did catch a little fire, though, and its strength was likely the result of the five-seven day precipitation forecast highlighted in the map below. The guts of the Corn Belt will undergo another very wet siege, and that will keep the corn planting pace a bit behind. The trading volume today was average in wheat but well above average in corn and soybeans. News that President Trump and China’s President Xi “might” get together in Washington in June prompted some chatter about a trade deal...

TAGS – Feed Grains, Soy & Oilseeds, Wheat, Livestock, Equities, Energy, China