Corn Weekly Comments August 22
To start the week corn opened the session lower and extended losses throughout the night. Early selling was tied to improving weather conditions as hot
To start the week corn opened the session lower and extended losses throughout the night. Early selling was tied to improving weather conditions as hot
Soybeans started the week by spending the overnight session on the lower side and got on the positive side early in the day session. But
Canola spent Monday’s session on the lower side and closed solidly lower. Pressure came from reports China bought 50,000 MT of canola from Australia for
Cattle continue to defy the rules as the almost year long bull run remains intact. The front month August contracts traded with gains this week
The COF report was close to expectations on most of the estimates, but a little higher on placements. This would be considered to be neutral
Last week’s wheat export sales pace was estimated at 19.1 MB. After 11 weeks, wheat sales were at 48% of USDA’s expectations vs. 41% last
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