Weather, weather, weather is all the talk within trade circles. Will the rains come in ample supply for the Midwest or not?
Both corn and soybean good-to-excellent ratings are well below a year ago.
The USDA will release its Crop Progress Report at 3:00 p.m. CT Monday.
Rain fell in parts of the Midwest on Thursday. This is a bearish sentiment for the grain markets.
Iowa and Minnesota’s corn crops are doing the best in the Midwest, so far, USDA Crop Progress Report indicates Monday.
Wetter weather forecast pushed prices off rally points.
The U.S. soybean crop is over half emerged, and the planting progress speeds ahead.
Wheat and soybean export sales provide market strength, Friday.
Still, when asked about their methods of marketing their grain, less than half of farmers use futures contracts,.
For the first time, this year, the USDA released its national good/excellent ratings.