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7/11/2019
Corn up 9, beans up 5, wheat up 17
Crude Oil- 60.54 up .02
US Dollar- 97.08 up .04
DOW- 27,088 up 227 The markets closed higher today after the report was out with wheat leading the way up 17 cents corn up 9 and beans up 5. The weather forecast looks to be dry for the next 10 days with 20% being the best chance of rains, we’ll need something before then especially being as temps are in the 90’s. Here are the numbers from the report. 2018/19 Carryout Corn 2.340 billion bushel up from 2.195 in JuneBeans 1.050 billion down from 1.070 in JuneWheat 1.072 billion down from 1.102 in June 2019/20 carryoutCorn 2.010 billion up from 1.675 in JuneBeans 795 million bushel down from 1.045 billion in JuneWheat 1.000 billion down from 1.072 in June YieldCorn 166 vs 166 in JuneBeans 48.5 down from 49.5 in June 2019 ProductionCorn 13.875 billion up from 13.6803.845 billion Down from 4.150 Have a good night. Ali |
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