WEATHER

Soybeans close higher for a third session still putting in weather premium. Cattle and hogs also saw strength with end of month and quarter positioning.

Corn sees short covering as well with lower crop ratings by 2% and Mexico buying around 5 million bushels of new crop U.S. corn.

No major over-oppressive heat has been registered in most of the US Corn Belt so far this year which has minimized the impact of dry conditions that have emerged in some locations, according to USDA Chief Meteorologist Brad Rippey in a June 28 conversation he had with Agri Talk host Mike Adams, which Informa Economics was a part of.

Traders are removing risk to start the week.

Warm, dry conditions in Midwest promoting planting in the Corn Belt.

Recovery efforts continue in southern Corn Belt following recent tornadoes.

Above-normal temps for much of the U.S. for the rest of the week.

Get your day started with a brief rundown of key news.

The area of the Corn Belt with less rainfall than normal has expanded to cover 70% of the region, with more dry days ahead this week, QT Weather says.

Above-normal temps expected to return to Northern, Central Plains Friday.