Good Morning,
Markets are down just slightly through the overnight with corn and soybeans down a cent. Rains are expected to move into our area this weekend, but after that forecasts show we will see a return to more normal temperatures. Overall, it looks like there will be a good window to finish planting soybeans for most farmers across the nation. The market seems like it is in a wait and see mode regarding the upcoming weather and how the USDA will estimate yield and acreage loss. Until we get a good handle on what that looks like, I think we will see a consolidation in trade and the market will take a breather from the most recent run in prices we had.
Have a great day!
Drake Bliss
920-348-6817
dbliss@didionmilling.com
