Apparently, we did not burn up the bean crop!

The soybean complex is leading the way lower overnight with soybeans down 10 cents and meal off $4.60.

Corn is a penny lower with Wheat is up 8 cents.

Early yield numbers are better than expected by leaps and bounds in some cases.

We kept hearing about big pod counts but small beans but so far this has either not materialized or the number of pods just overriding any any size issues.

USD is almost 107.00.

MS River levels setting new records for low levels.

Both corn and soybean harvest sitting at 23% complete.

Argentina is still struggling with drought with over 50% of the growing area under drought stress.

N Brazil has some scattered showers with better rains late week but the NE 20-25% is still very dry.

Support and resistance

4.81 & 12.56 for support

4.91 & 12.80 for resistance NFC Grain Comments Options -10.3.23

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