08-23-2013 07:17 AM - edited 08-23-2013 08:12 AM
Jeff Coleman, The Trean Group floor trader, says weather is making a Friday an upday. "The big three grain markets are on the rebound this morning after taking a beating in yesterday’s day trading session. The new 6-10 day forecast puts higher temps back into the mix with differing opinions on the rainfall expected."
Early calls: Corn is seen 4-6 cents higher (old-crop), soybeans 10-12 cents higher (old-crop), and wheat 4-6 cents higher. Meanwhile, new-crop corn 4-6 cents higher and soybeans are seen 10-12 cents higher.
Overnight grain, soybean markets=Trading higher.
Crude Oil=$0.05 per barrel lower.
Wall Street=Seen lower, ahead of U.S. Home Sales Report.
World Markets=Asia/Pacific stocks were mixed, Europe stocks higher.
More in a minute,
08-23-2013 11:24 AM - edited 08-23-2013 11:28 AM
Out pulling shattercane in a 90 acre field last night
Not the best self portrait but...
Had to be a little careful walking out there to not twist an ankle.
Pretty much all over out there like that. Kind of need a rain for any kind of decent finish on the beans.
The corn could use some help but is is rapidly approaching the finish line at my place. (most of it has some subsoil moisture it can still access. )
If there was ever a case for having a center pivot to add just 1 inch this would be the poster "child" for it. Bet it would have a good possibility of adding 20 bu to the yield.
08-23-2013 11:38 AM
|Bean Yield Estimate|
|Results current as of:
23-Aug-13 11:37 AM