Corn up 4, beans up 2, wheat up 12

Crude Oil- 73.25 up 1.02
US Dollar- 93.105 down .35

DOW- 34,764 up 506

The markets kept the positive momentum today with corn up 4, beans up 1, and wheat leading the way up 12. The global supply of wheat looks to be tight and so that’s what’s got wheat up and probably some sympathy movement from the others. There were some new longs in the corn today and so that supported the corn market as well. You’ve got weather pretty well unchanged with the next week to 10 days clear for the most part. There should be a lot of harvest accomplished before the next progress report out Monday.
Stay tuned!

Copyright DTN. All rights reserved. Disclaimer.
Powered By DTN