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Quotes retrieved on July 24, 2019, 02:17:17 AM CDT



SLC Commentary

STATELINE COOPERATIVE’S EVENING COMMENTS FOR JULY 23, 2019

 

July 23, 2019

Corn: North Burt up 3 @ $4.12

  • Corn traded in a choppy range today, as it struggled to find direction. The weather continues to be favorable, and the slight decline yesterday in good to excellent failed to provide much support in the early part of the day. Corn turned higher towards the end of the session, and December corn closed 4 ¾ cents higher
  • Closes: September at $.25 ½ up 3 ¼; December at $4.31 ½ up 4 ¾; March at $4.40 ½ up 4 ¾.

Soybeans down 3 @ $ 8.03

  • Soybeans traded in a large range today, with the November trading between it’s 20 day moving average of $9.10 ½ and it’s 50 day moving average of $8.99. Weakness in soybeans can be attributed to a continued lack of follow through of Chinese buying. It was reported that trade talks between the U.S. and China will resume in person next week
  • Closes: August at $8.85 ¾ down 2 ½; September at $8.91 ½ down 2 ½; November at $9.03 ¾ down 2; January at $9.16 ½ down 2.


Forecast
Burt, Iowa (50522)
Current Conditions Clear
Temperature 61°F
Dew Point 59°F
Pressure 30.20 in. Hg
Humidity 94%
Wind 5 mph
From Southwest


Forecast



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