The next USDA report is Crop Production, August 10, 2018.
Market Comments for July 13, 2018
The markets focused on the USDA report from yesterday as soybean prices continued to tumble on a bearish 11 MMT increase to 18/19 global carryout. Corn was weaker today; brought down by beans with the weather being relatively unthreatening through the end of the month. Widespread rains will move across the Corn Belt over the weekend with cooler temperatures to start the week. Wheat was the bright spot in the markets today, making a small bounce as overseas crop estimates continue to be lowered due to weather stress.
COMMODITY PRICE UPDATES EVERY WEEKDAY
Listen to WBGU, 88.1 FM, Monday - Friday mornings at 7:55 a.m. Scott Alexander, Mid-Wood Market Specialist, gives commodity price updates every weekday.
Give Scott a call at 419-353-6608 for more details on current grain marketing alternatives, or to schedule a farm visit.
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