Crops Analysis | June 10, 2021
New-crop corn, soybean futures extend rally on Midwest dryness, tight supplies.
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.
The market was too pessimistic on USDA's initial corn crop rating.
More U.S. inflation | Aggressive China | Frost/Freeze in Upper Midwest
Wrap up your day with this afternoon news update.
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.