Corn: Down 1 to 2
Beans: Down 4 to 5
Traders are looking at the 7-10 day forecast and seeing that farmers can get back in the field in most of the Midwest.
Some naysayers are talking about the China deal and saying let’s wait and see if they really do take shipments on anything. China is also wanting another round of “talks” to finalize more details.
Miscellaneous news out of China says that the hog herds are down over 40% compared to this time last year.