Hot Potato

Steve Bruce General Commentary, Grains Leave a Comment

The recent 6 to 10 day forecast for the Heartland is slightly cooler and wetter than normal. Pretty luke warm!

September deliveries might weigh on prices as there’s enough of everything everywhere for the next few months. Mother Nature will determine what happens with corn and bean spreads while Chicago wheat remains the special case!

After first notice day we’lllook to the USDA for its estimates of cropsize and there remains a lack of confidence in compilation. So, it’s hurry upand wait for harvest and first frost, whichever comes first!

The information contained on this site is the opinion of the writer and obtained from sources cited within the commentary. The impact on market prices due to seasonal or market cycles and current news events may already be reflected in current market prices.     

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Steve Bruce

               
Walsh Trading
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