Another day in the green, and Fridays are trend days! The trend is up, we’ll take it. The Chinese are still buyers of beans so that helps things too on top of that meal was up another $8 today. Bean harvest is pushing towards the finish line with more than 80% of the crop finished; the expectation is that harvest will be 90% complete by the end of this weekend. South America is working on planting beans and so while there aren’t any issues with weather there are some rumblings about delays in eastern Argentina, we’ll see how things progress there.
Corn harvest is moving along, there’s plenty to do up north. The weather has been pretty well perfect for corn harvest so with any luck we’ll see things progress in a decent manner this week or weekend.