Another day lower for commodities as weather is still set to improve for the next week to 10 days which will allow for a lot of harvest progress to be made! There were some smaller showers that made their way through the area this morning but wasn’t enough to keep farmers out of the fields as they’re still pushing forward hoping Mother Nature will cooperate! Yields so far are coming out pretty well for both corn and beans, which for some is quite surprising especially given the circumstances we had to work with this year. South American growing weather is nothings short of fantastic so really there isn’t much for concern there either. There were some rumors today about bean cancelations out of China, and also some rumors about cancelations on meal so that news was out there also; we’ll see what the market does with that info!
