October 20, 2017

Corn: Corn trading in another ho-hum session last evening without anything but harvest to weigh on values. Informa estimating 2018 corn acreage at 90.5 million acres. Argentine corn planting at 27.7% complete vs. 35% last year. Brazilian planting at 60% complete vs. 65% last year.

Soybeans: Chinese demand continues to support soybean values. Rains this weekend expected to delay harvest. Central Iowa expecting amounts up to 1.5”. Informa projecting 2018 acreage at 90.3 million acres.