More rain is coming for the Northern Plains. Weather will share the spotlight with USDA's June S&D and Crop Production Reports. JBS announces it did pay $11 million in ransom.
Shipments of corn, soybeans and wheat were within expectations.
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An already low spring wheat CCI rating falls even further below the five-year average
The corn CCI rating is still a little above average, despite the weekly decline.
Cotton and wheat carryover also came in lighter than expected.
Old-crop corn sales topped expectations, while new-crop sales were right in line with what the market expected. Exports of the grain held above 2 MMT.