Corn futures firmed into USDA’s July 10 Supply & Demand Report and extended gains after the data was released. Buyer interest was fueled by concerns too much moisture across much of the eastern and southern Corn Belt is trimming yields. While traders have those same yield worries for soybeans, macro-economic concerns with the financial situation in China caused a very volatile week of trade in the soybean market that resulted in little net price change.
We have full details of USDA's July reports -- and much more -- in this week's newsletter.
Pro Farmer Editor Brian Grete highlights this week's newsletter below:
Click here to subscribe to the Pro Farmer newsletter.
Pro Farmer Members have access to the daily news that moves the markets and impacts farm policy at ProFarmer.com.
Click here to request a free trial.