By: Patrick McRae – Grain markets closed sharply lower with excessive follow through into the close. Crop tour results for Illinois point to strong pod counts with most Illinois counties showing above average counts. Corn yield potential averaged 198.3 bpa, this is much higher than the previous years but is…
Commentary
Afternoon Grain Market Recap
By: Patrick McRae – Grain markets closed weaker on the day despite yesterday’s drop in the crop conditions report. USDA yield forecasts are being confirmed thus farm from the Pro Farmer crop tour results as most of the growing regions are showing above average potential for yields for both corn…
Free Commentary
By: Dan Hueber – It would appear that the trade has grown numb to any additional deterioration in crop conditions, which is quite understandable for a couple reasons. The first is, as discussed previously, due to the fact that this is a normal occurrence as crops enter the late stages…