
December found light support at 474 yesterday/last night, chart open to 467 ¾, rains added again.
December found light support at 474 yesterday/last night, chart open to 467 ¾, rains added again....
December found light support at 474 yesterday/last night, chart open to 467 ¾, rains added again....
Rains dramatically reduced in the 6 – 10 day forecast, exports may be expected disappointing....
Rains in the 10-day outlook may slow harvest and offer mild support, exports are needed....
Harvest at 9%, analysts expected 10%, the forecast may slow harvest days 1 - 5 ...
Funds were aggressive sellers of 41K, now short 135K or 42% of record, solid harvest forecast....
A 473 ½ to 485 range appears to already be quite solid as trade waits for additional news....
Exports expected slightly poor just under 1000K, should starting hearing yield reports soon...
Corn – Raising carryout 18 mil bu keeps the end of year price near 430, low volume choppy trade....
Cattle – Last week ave cash 179.95 (+0.92), showlist -16,500, futures priced $5 over last week’s cas...
Trade continues to be happy with mid 480’s for tomorrow’s report, assumes 3 – 4 bu-615 yield cut....