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Scouts measured average corn yield potential of 118.45 bu. per acre. Pod counts in a 3’x3’ square 871.40.
Corn ends slightly higher after harvest progress falls short of expectations; soybeans firmer as oil surges, dollar slumps.
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Ahead of the Open | October 3, 2022 Corn futures climb overnight after harvest progress falls short of expectations; corn and wheat also firmer.
Soybeans and wheat are pulling support from outside markets, while corn is mildly favoring the downside.
Soybean futures end higher with support from crude oil rally; corn also firmer, wheat mixed,
Weekly export inspections for week ended Sept. 29 reported wheat inspections notably above expectations, while corn and beans were as expected. Soybean inspections are currently running 3.2% behind a year ago.
Wheat and soybean futures are mildly firmer with corn under light pressure. Livestock futures are higher on a round of corrective buying.
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