Monthly Archives: July 2017

Grains and Soybeans Are Sharply Lower to Begin the Week

Good morning. Grains and soybeans are sharply lower to begin the week as extended weather forecasts are showing better chances for Midwest rainfall for the August 10 – 15 period. Until then a mostly cooler and drier outlook is in store for the corn belt  although there are rain chances this week on Wednesday/Thursday for a large portion of the Midwest with amounts forecast to be on the light side. This afternoon’s crop conditions report is expected to


Forecast Shows Little Rain Over Next Ten Days

Good morning. Grains are little changed with soybeans slightly lower as begin the final Friday of July. The market is looking at good rains that fell yesterday across Missouri and central and southern Illinois vs. forecasts that show little rainfall the next ten days for the Midwest which will increase crop stress for the northwest corn belt. The Dollar is weaker to start the day  and crude oil is steady. Chinese corn and soybean futures were higher today;