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MARKET COMMENTARY

Morning Comments July 30, 2018

Monday, July 30, 2018, 8:07 AM
Submitted by: Landus Cooperative


Opening Calls:

 

Corn up 3-4

 

Beans up 3-5

 

Wheat up 7-9

 

 

 

Wheat is leading the charge this morning, pulling corn and beans with it.

 

Recent hot, dry weather through Europe has their crop hurting, and the 10-14 day forecast is calling for no relief.

 

Weekend rains here in the U.S. through the Midwest were less than expected. Parts of the Midwest have seen less than 1 inch in the last week.

 

Crop conditions report will be out this afternoon.  Trade interested to see if they what they will do with ratings.

 

Final date to price Extended Price is tomorrow. Anything not priced by 1 P.M. Tuesday will be priced. Please contact us if you have any questions.

 

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Landus Cooperative
2321 North Loop Dr., STE 220
Ames, IA 50010
515-817-2100
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