Some rain in the western corn belt. Rains were wide spread across the corn belt. Crop progress out this afternoon. Weekly export report showed some strong numbers for corn, but soft for beans. Livestock, doesn’t have anything outstanding on the cattle on feed report. How is consumer demand going, with weather & restaurants starting to reopen. boxed beef prices averaged the lowest the market’s seen since the week of April 11. China and trade deal work-banning poultry from Arkansas & Tyson. Hog market sees week cash
No news was good news from the weekend. No trade issues popping up. Some shorts in the market & not a lot of willing sellers. Scattered rain showers will slow some but welcome rain for others. Some solid weekly exports for the corn but soft for the soybeans. Ethanol…could we be getting back to a new norm with summer driving & ethanol exports could be the wild card? Easier to buy then it was to sell on the livestock. How are numbers from the COF report? Slaughter numbers moving forward. Sam talks about the reason for higher hogs today.