Opening Calls:
Corn down 3 to 4
Beans down 4 to 5
Markets are down because of reports that the deal with China isn’t a “done deal”. China is saying that they will buy what they “need”.
Weather in Argentina and Brazil is looking favorable this week, much-needed rains are forecasted.
Also, the harvest window here in the Midwest is favorable for the next 7 to 10 days.
USDA reports that were to be released yesterday, will be released today.
