AgWeb Radio: Opening Commentary 10-4-11

October 4, 2011 03:53 AM

Mike Howlett of Top Third Ag Marketing says there was weakness in the overnight market. Private estimates of yields have been increased. Overnight, corn was down 12, soybeans down 14. The outside markets are not encouraging the funds to invest in grain markets. What is happening in Europe affects our prices. Expect at open today: corn down 13-15, beans down 15-17, and wheat down 10-12.

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