Today's Crop Conditions were out and were lower as expected by the trade today. Nationwide corn was down 3% in the Good/Excellent category from last week at 63%. Most notable declines were in Indiana (down 12%), Ohio (down 11%) and Nebraska (down 8%). South Dakota was down 6% at 76% G/E.
Beans were down 4% nationwide compared to this time last week. Again Indiana (Down 13%) and Ohio (down 14%) led the decline followed by SD being down 8% at 76% G/E.
Spring wheat was up 1% from last week on decent moisture and temps in ND and MT. SD dropped 9% from last week to 59% G/E.
I would expect some firmness in the bids on the opening tonight at 5 pm.