Corn futures at six-week highs, at mid-week soybeans seven-week highs, and the hot, dry weather is extended. Some private forecasters are already pulling back the top end of yield potential for corn and soybeans, we are told. Bottom Line analysts say that even a one-bushel-per-acre decline in the national soybean yield drops new crop ending stocks by over 70 million …
Monthly Crop Report Affected by Weather
Tomorrow’s monthly crop report could be pushed aside by changing weather forecasts. The July report historically can be a non-factor, always squeezed between the quarterly stocks and final acreage numbers that come at the end of June, and the August report that for the first time is based on actual field surveys and not computer models. That report, by the …
Grain Trade Seeing Lower Lows At Harvest
Bottom Line grain analysts wonder if the grain trade is getting a little ahead of itself here in early June. Corn, soybean, wheat futures all seeing lower lows on a regular basis. Wheat in fact is lower 10 sessions in a row, even with conditions here at harvest the lowest in 37 years. Harvest pressure is here, combines rolling in …



