On Monday ARC updated 2019 US corn yield using by-state estimates. The full US corn balance sheet is below. Dec corn has fallen $.50/Bu after scoring a high in late June. This is partially due to improved US weather and recent – and better than expected – rainfall across the Northern and Eastern Midwest. However,…
AgResource Weekly Newsletter, July 30
** AgResource Farm Marketing Advice for Monday: 1/ Corn Producers: Sell 20% the 2021 corn crop at $4.20 and 20% at $4.26 basis Dec 2021 corn futures. Some clients are filled at $4.20! ** AgResource Midday Market Analysis: Red is the color at midday with corn, soybeans and wheat enduring fresh selling pressure. Funds…
Medium-range forecasts are cool in the Great Plains.
Potential record -AAO developing for August.
