May 28 th, 2013
Corn as of 8:00 am. July. 4 higher Dec. 11 higher
Modest gains on the overnight. Weather playing the factor as we wait to see planting report this afternoon. Some predicting only 90-92% of the corn will be planted. Weather to remain the factor with rains predicted for most of the week. China interested in December corn.
Soybeans as of 8:00 am. July. 12 higher Nov. 16 higher
Soybeans rallying on the overnight after last Friday's profit taking. Expected slow planting progress in this afternoons report. Exports for soybeans are lagging. Crush numbers however remain strong. Ending Sstocks to remain tight.
Wheat as of 8:00am. Spr. Wheat. unchanged. Win. Wheat. 1 higher
Wheat remaining unchanged as weather continues to pull back and forth on this market.