7-02-23

Monday 3rd

Full Moon

Tuesday 4th

Happy 4th Of July

Markets closed and reopen Wednesday 5th at 8:30 am cdt.

Friday  7th

Export sales

USDA Acreage Numbers:

Game Changer for now.

Corn 94 mil and soybeans 83.5

Plus rains in Midwest Drought areas. 

Ouch

For the week

Dec. Corn down 93.25 cents

Nov Beans up 33.25

Sept Wht down 95.50

For the Month of June

Dec. Corn down 27 cents

Nov. Beans up $1.96and 3/4

Sept Wheat Up 43 cents

Naomi Blohm did a nice job

Corn

Yield 175  ending stocks 2,094

Yield 170  ending stocks 1.663

Yield 165 ending stocks 1.231

Beans

Yield 52 ending stocks 137

Yield 51 ending stocks 54.66

Yield 50 ending stocks -28 (negative 28)

Yield 49 ending stocks -110.66 (negative 110.66)

Increase in States:

Iowa +300k

Il. +500

SD. +300

Mo. + 200

TX. +450

This are good producing states

Here is HOPE Dec. finds some support

485-474.

Hope again rallies take us to 

505 and 512 and possible 522

Corn picture is not good now.

Maybe Beans can give us a corn rally.