7/19/24
Corn down 1, Beans down 1, Wheat up 7

Crude Oil-80.28 down 2.54
US Dollar-104.38 up .21
Dow Jones-40,287.53 down 377.49
 
Friday started off hot as corn and beans pushed higher on political speculation of Biden withdrawing from the Presidential race this weekend. Wheat rallied with strong EU values on news of a radiation leak over the heart of Russia’s wheat belt. Corn also pushed higher on the news, but farmers quickly sold the rally and pushed prices to their daily lows. Beans were higher overnight on decent Chinese pricing but pulled back before the close as the news fizzled.
Have a great weekend!
Brynna

 
 
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