Friday July 30, 2021

  • The last trading session of the month has us slightly lower this morning
  • Rains in the U.S. providing relief from the heat over the weekend 
  • Wheat Quality Tour day three pegged the entire North Dakota crop at 29.1 bu/ac – that is 14.5 bu/ac above the five year average yield 
  • International Grains Council cut their 2021/22 global wheat production estimate by 1 MMT to 788 MMT with deductions to both the U.S. and Canadian crops