By: Patrick McRae – Grain markets traded lower throughout the day likely spurred by drying weather forecasts and a higher Dollar. Wednesday will be the monthly USDA supply and demand report while planting progress came in with 47% planted for corn vs 52% average, and 14% planted for soybeans vs…
Author: Kelley Fornoff
Overnight Market Update
By: Kelley Fornoff – Grains are lower overnight and are pressured by decent weekend weather and planting progress. At the break, July corn is 0’6 lower at 370’0, July soybeans are 3’0 lower at 970’0 and July Chicago wheat is 3’2 lower at 439’0. The USDA’s monthly supply and demand…