The next USDA report is Crop Production, August 10, 2018.
Market Comments for August 15, 2018
The market was mostly lower today with corn hovering around unchanged for most of the session. Beans gave back Tuesday’s gains due to favorable rains forecasted over the next week. Reports out of Brazil indicate that farmers there are expected to plant a record amount of soybean acres this year, a 3.1% increase is expected. A strong dollar kept pressure on wheat as Russia continues to be competitive with U.S. prices. Corn news was scarce today as prices held near unchanged on strong long-term fundamentals.
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