Morning Comments August 19, 2019

Soybean Field Sunshine

Open calls:

Corn down 7-8

Beans down 7-8

Beneficial rains throughout the Midwest over the weekend and more predicted this week putting pressure on grains this morning. 

Bulls looking for experts on the Pro Farmer tour to find unexpected problems with the crop and yields lower than the USDA estimates.

Bears talking demand with ethanol reduction, lower exports, and overall market conditions for both corn and beans.

We will keep you updated as we hear numbers out of the Pro Farmer tour.