Grains – Kelley Fornoff The market is believing that the risks ahead are greater than what has been reported and yesterday’s strength in corn and soybeans followed through today. Warmer and drier weather is in the forecast for part of the corn belt as the early planted corn approaches pollination…
Commentary
WASDE Recap
By: Jeff Kaprelian – Thanks wheat! After today’s USDA report that’s what corn farmers should be saying. Or perhaps, more appropriately, “spasibo pshenitsa” since the USDA cut Russian wheat production by 3.8 MMT which helped put world wheat ending stocks at the low end of estimates and 7.88 MMT lower…
Free Commentary
By: Dan Hueber – Regardless of the fact that it will be wrapped with reservations and some controversy, the topic du jour is the July production and supply/demand reports that will be released later this morning. Once the “word of gov.” has been proclaimed, will it shock the market with…