Markets this week are little changed. USDA estimates are right in line with expectations. Dry Argentina weather is supporting the market. Brazil is behind in harvesting their beans so the new corn crop will be late in planting. Brazil’s beans are estimated to beat last year’s record crop, but the weather in Argentina is helping to push the bean market slightly higher.
Corn
Current from Monday 3.09 to 3.10 Friday – up 1 cent
River open from Monday 3.14 to 3.15 Friday – up 1 cent
New Crop from Monday 3.28 to 3.29 Friday – up 1 cent
Beans
Current from Monday 9.36 to 9.57 Friday – up 21 cents
River open from Monday 9.55 to 9.65 Friday – up 10 cents
New Crop from Monday 9.42 to 9.45 Friday – up 3 cents
