The following commentary does not necessarily reflect the views of AgWeb or Farm Journal Media. The opinions expressed below are the author's own.
Grain TV is a daily recap after the market close, providing opinions on fundamental analysis of market direction, influences and expectations. This daily program is produced by Grain Hedge, a discount brokerage firm that provides farmers and elevators with agricultural intelligence including live market quotes, cash bid data, the Grain Hedge Optimizer™ and mobile trading platforms, all for $7 commission per side. Grain Hedge provides tools to allow farmers the ability to trade when the markets move without having to wait for a broker and the information to execute a marketing strategy with confidence.
At the time of this post we see old crop corn down 1/2 cent, soybeans down 24, and Chicago wheat down 6. Dry conditions across much of the Western Corn Belt is supporting the corn market this morning as early June will be a critical stage for this crop. This morning Cody and Logan take a look at some weather maps from Planalytics and soil moisture tables released this morning from Thomson Reuters.
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