Ag Commentary

The weather over the weekend was Hot, but not hot enough. Dry, but not dry enough. There were a few more scattered showers than anticipated. The temperature was not as stifling as anticipated and today we break.  Now we will take a look at condition ratings, The corn will move backwards. The beans may not start as well as last year but it is still to early. This weather may prove to be beneficial in the long run to beans.  Other aspects to watch. A announcement is coming related to the Bio diesel dumping by argentina. This could prove significant for the oil share trade. The USDA numbers are bearish,however,as stated Friday the weather market is what is important today.

Be well