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.