Crop progress out this afternoon.
Corn 69% G/E vs 70% last week and 61% last year
Beans 69% G/E vs 69% lw and 57% ly
Corn Dough 75% vs 57% lw and 88% avg
Corn Dented 32% vs 18% lw and 60% avg
Sep corn gained 5 cents on Dec as spreads work to procure old crop grain for processors and ethanol plants.
Choppy trade expected until September 11th prodution estimate report and monthly supply and demand outlook.
Scott Meyer
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