Andy Shissler of Roach Ag Marketing comments on this morning's report: acres down about half a million, corn at 148 bu./acre, beans lower by 3/10 of a bushel per acre. Carryouts mixed. Feed usage down. China bought both corn and beans/bean oil yesterday.
We are at a price that demand will be picking up. Expecting a mixed trade today, and we will trade a range the rest of the month.