Today’s USDA Report Expected to Show Only Minor Adjustments
Ahead of the USDA Report, Corn and Beans Were Off 1 This Morning
Grains went into the morning break with sideways trade action still the major theme. Ahead of the USDA report corn and beans were off 1 while wheat was up 1.
Grains Mostly Directionless to Start the Week
USDA Releases the Quarterly Stocks Report Tomorrow
Tomorrow brings new data from USDA with the release of the Quarterly Stocks report and USDA’s WASDE Report
Export Sales to be Released Tomorrow Due To Holiday
Grains Were Mixed in the Overnight Session
Due to the holiday this week, export sales have been pushed back a day and will be released tomorrow.
Hurricane Harvey Impact
Crop Conditions Reported Yesterday
Crop conditions were reported within analyst expectations after the market closed yesterday. Corn declined by a percentage point to 61 percent good to excellent compared to expectations of holding steady.
Grains Mostly Unchanged in the Overnight Session
Exporters sell 131,000 MT of Soybeans for delivery to china during the 2017/2018 marketing year. USDA
The grains have come under pressure following the Pro Farmer crop tour as traders became less concerned that the USDA would revise production lower.
Crop Tour Results Released
Crop Progress Report Out Later Today
The Pro Farmer crop tour announced their official crop estimates on Friday after walking fields across Ohio, Indiana, Illinois, Minnesota, Iowa, Nebraska and South Dakota.
Pro Farmer Corn and Soy Crop Tour Results Out Later Today
World Stocks Climb Higher on Friday
Hurricane Harvey intensified early on Friday into potentially the biggest hurricane to hit the US mainland in more than a decade.
Midwest Crop Tour Estimates Are In
Corn Prices Up for the First Time in Four Sessions
Corn Prices up for the first time in four sessions.
Day Two Crop Tour Results Are In
Grains Trade Slightly Higher in the Overnight
This morning December corn is up a 2 ¼ cents, November soybeans have gained 8 ½ cents and December Chicago Wheat is up 3 cents.
Crop Tour Scouts Release First Day Results
Grains were Mixed in the Overnight Session
In the overnight session the grains were mixed with December corn down ¼ penny, November soybeans up 1 ¼ cents and December Wheat down ½ cent.