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Tuesday, June 14, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets�are�lower on profit taking after good crop ratings. Weather continues to be watched closely and will likely cause erratic�trade through�the June 30th Grain Stocks and Acreage reports. Today's start of the FOMC meeting and this morning's retail sales report are also on the radar.

Corn conditions were reported at 75% good to excellent on yesterday afternoon's crop progress report. Trade was estimating corn at 74% vs the five-year average of 69%