All the talk this morning seems to be about the poor ref job in the Packers game overnight instead of markets as not many are willing to take a position prior to Fridays stock report. Beans are leading the markets higher this morning on news Brazil may be out of soybean export supplies, offering support to US soybeans. China's central bank is injecting 290-bln yuan into their banking system which has traders somewhat optimistic this may stimulate the Chinese economy. Expect a choppy week heading into Fridays report.
Outside Markets are supportive this morning with crude trading 87c higher, gold 10 higher, and the dollar weaker.
Stocks Projections: Corn Soybeans
Average trade guess: 1.113 (.887-1.261) .131 (.110-.152)
USDA Sep 12 ending: 1.181 .130
Corn 3 higher
Beans 11 higher
http://www.fccoop.com/markets/information.cfm
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