Tuesday, September 3, 2013

FC Morning Grain Market Commentary for 9/3/2013

9-3-13 AM Comments

Tuesday, September 3, 2013, 8:00 am
Submitted by: Jon Setterdahl


Good Morning!  Overnight markets were higher with weather the reason. Dry areas of the midwest remain dry and temporary cool-down is followed be heat returning by late this week. Corn harvest progressing from south to north, with areas in Missouri and Illinois probably to start this week. For the most part, corn yields from these areas south are very good with many reports in excess of 200bpa on a dry basis. Outside market influences pretty quiet to start the week….Syria situation has energy indices somewhat edgy.
Opening grain calls this am:  corn up 4-6, soybeans up 35-45
 

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