Sorry for the delay. Hopefully the leap in soybean prices makes up for my tardiness!
Shortly after the open, the Sept. corn futures at 4 1/4 cents higher to $4.20 1/2, Dec corn futures are 4 1/4 cents higher to $4.38 1/2.
Aug. soybean futures are trading 26 3/4 cents higher at $10.23 1/2.
Sept. wheat futures are 6 3/4 cents higher at $5.80 1/4.
Aug. soymeal futures are trading $7.60 per short ton higher at $351.40. Aug. soyoil futures are trading $0.54 higher at $32.23.
In the outside markets, the Brent Crude oil market is $1.93 higher to $58.98 per barrel, the U.S. dollar is higher, and the Dow Jones Industrials are 211 points lower.
Another pounding rain here in NW Ohio overnight and this morning. 3.6" in the last two days. Water over the roads in places that I have never seen it. I thankfully don't have any wheat to harvest and I really feel sorry for those who do. Talking with several other farmers in the area this morning......Their give-a-damn is busted. Small crops are getting smaller.
