Corn
| CBOT Prices | Two Rivers Cash Bid Prices | ||||
| July ‘17 | 374’2 | +5’0 | May ‘17 | 324’0 | +2’0 |
| Sep ‘17 | 381’6 | +4’6 | June ‘17 | 325’0 | +6’0 |
| Dec ‘17 | 392’4 | +5’0 | July ‘17 | 324’0 | +5’0 |
| Mar ‘17 | 402’2 | +4’6 | NC ‘17 | 343’0 | +5’0 |
Soybeans
| CBOT Prices | Two Rivers Cash Bid Prices | ||||
| July ‘17 | 926’4 | -13’0 | May ‘17 | 857’0 | -11’0 |
| Aug ‘17 | 929’4 | -12’0 | June ‘17 | 857’0 | -11’0 |
| Sep ‘17 | 927’6 | -11’0 | July ‘17 | 854’0 | -13’0 |
| Nov ‘17 | 929’2 | -10’0 | NC ‘17 | 849’0 | -10’0 |
Corn closed higher for the day while beans struggled to keep up with corn and wheat strength
Soybean futures selling continued after prices settled below the lows set last August
Wet weather in the Eastern corn belt may continue to slow planting progress
We get our first official crop conditions reported next week, the bar shouldn’t be set too high
After the bell, the CFTC report showed funds as buyers of 27,507 contracts of corn on the week
They were sellers of 30,463 contracts of soybeans and buyers of 9,994 contracts of wheat
The Cattle on Feed report showed on feed numbers at 102% from LY, trade expected 100.8%
Placements were at 111% vs. trade estimates of 106.8%
Marketings were at 103% vs. trade estimates of 101.8%
Not a bullish report for the bulls in the cattle market. Feeders and Live cattle both close to limit lower
Brazil’s president has officially had an impeachment request filed to the Chamber of Duties
