Friday July 17, 2020

  • Chinese buying remaining the headlines allowing corn and beans to test higher into the end of the week 
  • A hot and dry weekend across the U.S. is set to transition into widespread rains into early next week leaving mostly favorable conditions as they enter pollination 
  • Chinese and American tensions continue to rise but phase one of their trade deal remains unshaken thus far however phase two is completely out of sight at this point 
  • Wheat market has been yo-yoing this week but so far reports coming through that there are no major issues with the American crop – quality is mostly good with average yields