Morning Comments, August 14, 2020

Corp Soybeanharvesttruckdumpingbeans 101316 Vf

Corn 1-2 lower

Beans 5-6 lower

August soybean complex futures will expire at noon central standard time today. Weather forecast for 7-10 days calling for some cooler and wetter weather, slight chance.

USDA has extended the deadline for applying for the CFAP payment to Sept 11th. Traders are now looking for some facts on how much the crop is actually damaged.

Hearing over 10 million acres affected, but will any of it produce a crop? Or a reduced crop?

Join us for pre-harvest location updates and a chat with our CEO Matt Carstens. RSVP today: https://marketing.landuscooperative.com/acton/rif/42104/e-018f-2008/-/l-tst:0/l-tst/showPreparedMessage?sid=TV2:in6yb00eT