Both corn and soybeans finished the day higher with support from the outside markets and technical bounce after the steep loses the market has experienced as of late. Weekly export sales were strong which also helped to add support along with a weakness in the dollar. The USDA will be releasing their monthly crop production report with most analyst predicting an increase in yield by a couple of bushels on corn. Weather forecast show some heat entering the corn belt but is expected to exit by mid to late next week.
~Chuck Peterson
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