Price pressure as we get to 50% harvested

Corn and soybeans finished lower yesterday and ended the overnight session lower as well. Export concerns especially for corn have been exacerbated by lower MS River levels that have some areas down to one-way traffic and intermittent closures for dredging on the lower river. The 7-day rain fall map shows rainfall across the whole system which is beyond badly needed. Harvest pressure seems to be peaking as well with corn and soybeans moving past the halfway point for harvest progress. We will see if we find any willing buyers today. The USD continues to gyrate between 112.00 & 113.00 and we need it to move through 110.00 for any real pricing help. We will be watching 6.75 & 13.49ΒΌ for support and 6.88 & 14.02 for resistance. NFC Grain Comments Options -10.19.22

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