Turn-A-Round Tuesday is the theme today beans closed the session down 2 with little to talk about. The farmer continues to be very pleased with the bean crop this year; frankly I think it’s a bit odd that the market has rallied the way it has, I’m not complaining but I am a bit surprised. There are chances of rain tonight and into tomorrow morning so we’ll see how that materializes. The guess right now is that bean harvest will be about 90% finished by the end of this weekend.
Corn closed the session up a penny after closing lower yesterday. There isn’t anything new here to discuss really. Mother Nature is rather cooperative, but like I mentioned yesterday the tail end of harvest probably take forever, the guess is that harvest is 65% completed as of right now. I think the corn market will trade sideways until we can get some news to move things.