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Quotes retrieved on June 16, 2019, 01:34:33 AM CDT



SLC Commentary

MORNING GRAIN COMMENTS 

June 14, 2019

Flag Day!!!

CORN:

  • Corn higher this morning as we broke thru highs set yesterday.
  • Weather is main factor to drive this market higher.
  • Updated 6-10 day forecast calling for much below temps and wet.
  • Dollar higher with Dow and crude oil lower.

SOYBEANS:

  • Soybeans higher with borrowed strength from corn.
  • Long range forecast still looking wet to support this move.
  • November futures broke thru the 100 day moving average of $9.165.
  • Next resistance point at $9.21 in November futures.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



Forecast
Burt, Iowa (50522)
Current Conditions Cloudy
Temperature 64°F
Dew Point 64°F
Pressure 29.79 in. Hg
Humidity 100%
Wind 3 mph
From Northeast


Forecast



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