Fccoop

MARKET COMMENTARY

AM Comments 10/10/14

Friday, October 10, 2014, 7:10 AM
Submitted by: Dustin Weiner


Today is report day (monthly USDA S&D), and the markets are weaker ahead of it with corn and soybeans both lower overnight.  Generally speaking for today the trade is looking for a slight decrease in acres but is expecting that to be offset with increased yields.  That report will be out at 11am today.  Weather… the 6-10 day weather maps reflect what should be great harvest weather – below normal precip and above normal temps especially in the west. 

 

Opening Calls

Corn down 4 to 6 cents

Soybeans down 8 to 12 cents

 

Have a great day!

 

@fccoopgrain

 

 

 

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