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My observations and comments from Day 2 of Crop Tour.
Day 2 Crop Tour results. Rain still in the forecast for the Northern Plains, Canada’s Prairies. China’s YTD grain imports up sharply from 2020. FOMC minutes due to with focus on tapering discussion.
Ear counts indicate bigger Nebraska, Indiana corn yields.
Mark’s comments and observations from Day 2 of Crop Tour.
Stream our nightly Crop Tour meetings here. The video begins at 7:00 p.m. CT.
Get preliminary updates from Tour leaders as they make their way through Nebraska, Indiana and Illinois.
Big wheat losses weighed on corn and soybeans Tuesday, eventually reversing early bean gains tied to announced daily sales. Livestock futures set back on concerns about wholesale strength translating to cash markets.
My observations and comments from the first day of Crop Tour.
From the Rows | August 16, 2021 Crop Tour Day 1 shows South Dakota corn, soybeans under dryness stress.
The grain markets look set to open weakly today, but the daily announcement of more soybean sales should boost soybeans. Whether the livestock markets will build on Monday’s gains is questionable.