Another rough week for old crop corn as the July contract closed 16 cents lower as the trade thinks we have ample supplies to get us to new crop. However, terminal basis levels have improved lately as...
Mid-week some interior bean processors decided it was time to start the annual rob the farmer end play. They rolled their nearby basis bids clear to the November contract and priced all deliveries the...
We saw mostly higher futures prices last week except for July corn which was down a couple of cents. December corn showed some strength as it closed 11 cents higher. Beans were higher with July finish...
We may have been lucky we only had 4 trading days last week as it seems we were down every day. July corn ended the week down 15 cents while the December contract was down 12.
