5-23-14 PM Comments

Friday, May 23, 2014, 2:05 PM
Submitted by: Jon Setterdahl

Corn managed a slightly higher close today, but remains capped by good weather.  Planting progress expected to be 90% or more next week.  Soybeans a bit lower on the day, but up over 40 cents for the week.  Reminder no trade Monday due to Memorial Day.  Night trade will resume Monday evening.  Expect weather to remain the main market driver for the next couple of weeks.  June11 is the next monthly USDA supply/demand report, and June30 will be the important acreage/quarterly stocks report.  Have a great weekend, and remember Monday those that made the ultimate sacrifice for the freedoms we all have today.


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Ames, IA 50010
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