• Pete

Good Weather Forecasts

In Front of the Crop Progress Report:

Overall grains are working lower this morning. It seems there is some bearish sentiment growing around this afternoons Crop Progress Report. Good weather conditions seem to be fueling a bit of a selloff.

Wheat: Chicago and Minneapolis begin 5-6 cents lower Kansas City 9-10 cents lower

Corn: 3 cents lower

Beans: 2-4 lower

Above normal temps are expected in the corn belt.

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