Old-crop corn futures posted new contract highs overnight, while December corn came with 1/2 cent of its high. Wheat was also firmer, while soybean were mixed.
Soy complex futures are under hefty pressure with corn lower and wheat futures mixed. Cattle futures gapped lower on the open as lean hog futures face moderate to heavy pressure...
Above-normal temps and below-normal precip are expected over much of the Plains and western Corn Belt through July. The eastern Corn Belt has elevated chances of above-normal precip.
