Light rain and mixed precipitation is in store for the northwestern Plains Tuesday. We'll also see additional rain in the southeastern Midwest through the southeastern U.S. Dry conditions will be in effect elsewhere over major crop areas. Temperatures will be seasonally mild in the Midwest, favoring soil warming and field work. » More DTN Weather Commentary
Posted at 5:54AM Tue Apr 24, 2018 CDT
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"Live every day like it is your last. Because one of these days, you are going to be right."
The next USDA report is Crop Production: May 10, 2018
Market Comments for April 23, 2018
Corn was stronger today on the report that 40% of Brazil’s safrinha crop is on the dry side with yield estimates being lowered. Corn planting progress is estimated at 7% complete this week. Soybeans struggled on weak export shipments today at 17.3 mbu, with 26 being needed to keep on pace to meet the USDA estimate. Wheat saw a mixed day with this past weekend’s rains in the U.S. Plains being seen as sufficient in some areas but not enough in some of the drier spots. Exports were solid at 22.8 mbu, exceeding the trade guess of 13-20.
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