Brian Grete

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You can participate in Tour by scouting your corn fields and entering the data on the Virtual Crop Tour page.
Rains and below-normal temps will make it hard to generate near-term buying interest in soybeans without supportive demand news.
End-user buying will determine how far prices correction on pullbacks.
Markets have a muted response despite the bullish data.
How low NASS goes with initial crop estimates will determine how aggressively the World Board must slash 2012-13 usage projections.
Most crop forecasters are accounting for sharp yield losses, but production estimates signal they are still too high on harvested corn acreage.
Prices continue to surge as traders factor in yield losses and try to find a price that slows demand.
Traders are anticipating another significant downturn in crop condition ratings this afternoon and a reduction in USDA’s yield projections in Wednesday’s Supply & Demand Report.
Funds are loading up on long corn positions as crop conditions and yield expectations decline.
Radar indicates the dry eastern Corn Belt will again see very little meaningful precip, although the 5-day forecasts models are a little wetter and indicate less heat than earlier in the week.