Corn is 51% planted vs 21% year ago & 5-year average of 39%

Soybeans are 23% planted vs 5% last year & the 5-year average

Global equity markets and US ag markets are starting the week out in the red after the White House escalated tensions with China. Secretary

Corn closed down 4 1/2 cents for the week but importantly bounced off of the $3.00 area again without significant chart damage. July corn

Despite sharply lower trade in wheat, corn and soybeans recovered from midday losses to close in the green, u about 3 cents in corn

Corn tested last week’s lows following yesterday’s crop progress report and closed mixed, firmer in the Dec and down a penny nearby. The lows

USDA reports corn is nationally 27% planted, up 20% from last week and ahead of 12% last year. This is slightly above trade expectations.

Soybeans

In this afternoon’s Commitment of Traders report, the CFTC shockingly reported that managed funds were net sellers of corn futures in the week ending

7-day precipitation forecast totals shown here, courtesy of @worldagweather

Widespread reports of significant planting progress this week, especially in the western cornbelt. Rains will

Trade rumors that China may be looking to boost strategic corn reserves by 20 million tonnes triggered a sharp rally today, and although there