Good morning!
This is still a weather market and the weather still appears to be friendly. We are off our highs this morning, but are still showing double digit gains in both corn and soybeans. There were a few scattered showers over the weekend. Nice to see – but they were scattered at best, not a big help to the crops there, the East is still in desperate need of a soaker (along with cooler temps).
The outside markets are currently mixed to a maybe a touch bearish to our grains. All eyes will be on weather forecasts today and assuming there are no major changes we should trade higher all day.
Currently
Corn is 20 to 24 cents higher
Soybeans are 20 to 22 cents higher
Have a great day!
3-day Rainfall Totals, concentrating on the East:
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