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Quotes retrieved on May 25, 2018, 03:14:38 PM CDT



SLC Commentary

STATELINE COOPERATIVE’S MORNING COMMENTS 5-25-18

 

Corn: Corn higher this morning following wheat…again. Agroconsult lowered their estimate of Brazil’s second crop corn by 3 mmt to 57 mmt. They may lower again in coming weeks. Crude oil down $1.66, at $69.03/ barrel. OPEC expects oil supplies to increase later this year.

 

Soybeans: Soybeans higher with concerns in South America. With delays in loading soybean meal at Santo and a slower crush in Argentina supporting this move higher. Argentine crop now 80% harvested. Dollar is higher this morning at 94.110.



Forecast
Burt, Iowa (50522)
Current Conditions Sunny
Temperature 88°F
Dew Point 66°F
Pressure 29.77 in. Hg
Humidity 49%
Wind 9 mph
From West


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