Grains are mixed at midday:
Sep Corn -5 1/2 cents/bu (5.96 1/4)
Dec Corn -6 3/4 cents/bu (5.82 1/4)
Nov Soybeans + 3 cents/bu (13.98 1/2)
Sept Chi Wheat -12 ½ cent/bu (6.53)
Cdn $ +0.00625 (80.98 cents)
WTI Crude Oil -0.07/barrel (75.16)
Markets are fairly quiet today as we coast into the American long weekend.
The grain markets will close tonight at regular hours (2:20pm), and will not be reopening until 9:30am on Tuesday due to the July 4th Holiday. There are a lot of weather changes, or model adjustments that could happen in the next 3 days, which may lead to choppy trade today and Tuesday. Wanstead will have regular operating hours on Monday despite the American holiday. If any growers are considering harvesting this weekend, please feel free to reach out to Floyd or your agronomist on their cells.
Midwest rains yesterday were limited to a band stretching from southern Kansas through southern Illinois, Indiana, and Ohio. Commodity Weather Group maps show a 6 to 10 day forecast that is wetter for the northern Midwest and Canadian Prairies, and slightly drier for the central Plains and southern Midwest
Reuters announced this morning that Ukraine is set to see their 2021 grain crop rise 17% to record a 75.8 million tonnes due to favourable weather.