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Wednesday, July 27, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are mixed with corn steady, soybeans higher and wheat a bit lower. The US Dollar is higher and crude is lower. Trade is waiting for Fed meeting comments later today.

Weather forecast has�periods of rain through much of the Midwest over the next 6 days or so. While the soybean crop still needs key rainfall in some areas and dryness in others, the corn crop will be affected by temperatures during dry down. Traders will likely relax focus on weather forecasts and hone in on yield potential over the next few weeks.