Fccoop

MARKET COMMENTARY

AM Comments 08/25/14

Monday, August 25, 2014, 7:08 AM
Submitted by: Dustin Weiner


So far this morning the futures markets for corn and soybeans are weaker on nothing more than good weather and generally rising production projections.  Weather… there were some nice rains over the weekend which included NE IA and NW IL (they have been extremely dry) which can only help production in those areas. When looking at extended weather forecasts today there are not any signs of a cold snap in either the 6-10 or 8-14 day maps… yes, it is getting to be that time of year to keep an eye out for early frost/freeze potential.  Production… the Delta is getting started with corn harvest and early yield indications out of there look slightly better than expected. 

 

Opening Calls

Corn 2 to 4 cents lower

Soybeans 5 to 8 cents lower

 

Have a great day!

 

@fccoopgrain

 

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