Morning Comments October 23, 2017
Monday, October 23, 2017, 8:10 AM
Submitted by: Landus Cooperative
Beans steady to -1
Grain trade is pretty quiet this morning, with corn steady and beans down a penny. Nothing new for headlines this morning as harvest progress chugs along in the corn belt. Rains in the territory put a slight damper on progress over the weekend. Today’s crop progress and conditions report will likely show bean harvest near 65% complete in the U.S., while corn harvest is near 35% complete overall.
The weather outlook for Argentina is mostly quiet this week before rains return late next week and into the weekend. Soaking rains seen for southern Brazil.
Please be safe out there!