Good Morning,
Corn and Soybeans are both currently up three. Today is the last day of pricing on 2017-18 marketing. Markets could possibly see a couple cents added back next week, when rolling into the new month. Overall, do not expect any huge rallies, as weather is no longer playing a pivotal role in the 2018 crop.
FC Stone estimated the monthly corn yield for the US at 177.7 bpa yesterday.
I would advise making cash sales or basis sales for any bushels that you will have to move this fall. Not only do I expect space to be short, I also anticipate basis levels widening in the coming weeks.
Have a Great Holiday Weekend!
Mitch Giebel
920-348-6861
mgiebel@didionmilling.com