WASDE

Soybeans could be back to the old trading ranges before the Swine Flu hit China and before the tariffs trade wars

Fed policies should help the stock market and precious metals. Grains are at a crossroads and we like cattle but bearish hogs

Corn and Soybean yields are in retreat. Dec Corn could test $3.65. A close above $9.25 in Nov Soybeans could send prices the next leg higher

The derecho in Iowa has lead to an uncertain ammount of corn lost due to high winds. With elevated prices we look at 2021-22 marketing

The USDA raised corn and soybeans yields in the August WASDE. Both markets should trade lower into the end of the month

Yield forecasts are coming in and they suggest corn and soybeans are both above trend. Corn and soybeans should feel pricing pressure for the rest of August and into September

Seasonally corn and soybeans tend to grind lower for the rest of the summer. We expect seasonal lows to occur at the end of August or by mid September

Corn will most likely drift lower between now and the end of August. Seasonally corn tends to rally from Mid Sept through October

The macro markets are rallying on COVID vaccine progress while whear rallies off rumors of China buying US SRW Wheat

We are in a weather market for corn and soybeans. The forecasts are cooler and wetter and that is good for production