AM Comments 08/22/13
Thursday, August 22, 2013, 8:17 amSubmitted by: Dustin Weiner
Good morning!
The weekly export sales report was out at 7:30am today… total corn sales were decent, but below the trade guess. Soybean sales were also decent but the look below the trade guess as well. Overall this is a probably a little disappointing but close enough to the trade guesses to be a non-event.
Pro Farmer should finalize their Midwest Crop Tour results later today, so far their corn crop projections look stout (see table below).
Decent rains have fallen across Iowa overnight and are still moving across the state this morning. Parts of Central IA will once again miss these rains but for many, this could be viewed as a crop saver on soybeans. (precip map below)
Opening Calls
Corn down 2 to 5 cents
Soybeans down 10 to 15 cents
Have a great day!
Past 24-hour Precip Map (as of 8am)
No comments:
Post a Comment