General Comments: Corn, soybean and wheat markets were steady to just fractionally higher overnight in light volume. They then opened slightly higher today, but selling started to increase as the morning wore on with all three markets trading lower by the close. Soybeans were the weakest on some fund selling, and corn and wheat followed. Much of the selling can probably be attributed to a warmer, drier weather forecast across almost the entire Corn Belt. Corn and soybean harvest progress should really accelerate this week (the six-10-day temperature and precipitation maps are below).  

U.S. equity markets were firm today and again in record territory. Crude oil was higher, and the U.S. dollar was slightly higher.

  Corn...