AM Comments 9/18/2014
Thursday, September 18, 2014, 8:09 AM
Submitted by: Joel Pudenz
We’ve got some more of the same this morning with corn and soybeans 2 to 3 cents lower at the 8:45 break after a quiet overnight. It’s been a bit choppy the last few days and will likely continue this trend as yield reports from the field make their way to the eyes and ears of the market. Delta and Eastern Corn Belt reports are stout thus far. The Western US is sending us some late summer weather as the next two weeks will be warmer and drier than average (see below) – it looks like this will be a great harvest window. Futures markets will be relatively quiet today and will likely trade two sided and choppy.
Have good day!