GRAINS LOWER WITH IMPROVEMENT TO CROPS

Written By Sebastian Frost

AUDIO COMMENTARY

  • Beans were higher at one point overnight despite improvement in conditions

  • Is today that flush out day for corn? Took out July lows

  • Funds continue to be in control

  • Weather is very hot and dry, remains supportive

  • Going to be exporting less out of Ukraine

  • Will US dollar lead to coverage for end users & exporters?

  • The demand story

  • Scroll for corn chart and next support level*

Listen to today’s audio below

You Only Get Half of Our Updates…

Since you were on a trial we are still giving you access to our USDA sale offer. You only receive a portion of our updates since your trial ended, and usually it’s not the good stuff. Make sure you lock in the offer if you want to start receiving every daily exclusive update.

Scroll to check out some updates you didn’t receive.

$299/yr vs $800/yr

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CORN TAKES OUT JULY LOW

We took out that July low of $4.81 we had been talking about us having a good chance to test and take out. We could still find support here, but if we don’t we might have to look to the $4.60 range before we find some major support and bounce.

Here is the Characters of Grain Marketing hand out we talked about in today’s audio.

Sebastian Frost
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CAN DEMAND & WEATHER LEAD TO A BOUNCE?
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BEANS RALLY BUT CONDITIONS IMPROVE & WHEAT DISAPPOINTS