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John Tuggle: Corn futures were down slightly overnight, up slightly during the day, but eventually lost ground into the close to end the day down a penny in a quiet, featureless trade. This market continues to struggle with the prospects of a record corn crop, regardless of the solid demand picture. There are a lot of daily reminders of just how big this crop is, like the Pro Farmer crop tour is today into better corn in Iowa and Illinois, which probably is a contributing factor to today’s lower market. December corn futures seem to be trapped between about $3.25 and $3.45 per bushel. Local cash trading is extremely quiet although cash basis levels are mostly unchanged. ... See MoreSee Less

22 hours ago  ·  

John Tuggle: A very quiet beginning to a new week as new news seems to be mostly limited to a record corn crop and excellent demand. The Pro Farmer Midwest crop tour begins today and there will likely be impressions of the corn and soybean crops coming out of that all week that could impact these markets. Corp conditions are expected to be unchanged on this afternoon’s USDA report. Local cash trading is extremely slow. CCPE is open for trucks 7 am to 7 pm while Interstate is open 7 am to 6 pm. Cargill Houston is open now 7 am to 5 pm though Friday. ... See MoreSee Less

3 days ago  ·  

More substantial rainfall is expected in Down On The Farm Country... ... See MoreSee Less

Here's a look at the 5-day precipitation forecast for Friday through Wednesday. Could be several inches of rain for our western areas -Steve

6 days ago  ·  

John Tuggle: Another quiet, aimless day for grain futures as corn, soybeans and wheat were little changed most of the overnight and day sessions. The corn market was slightly down all day but rallied in the last few minutes of the session to end 2 cents/bu. higher for the day. December corn futures are now 10 cents/bu. higher than they were before USDA projected all time record corn yields and production. Go figure. CCPE will open for trucks tomorrow morning, 7 am to 7 pm Friday and Saturday, 7 am to noon on Sunday, and then back to 7 am to 7 pm Monday forward. Interstate Grain Port Terminal is open 7 am to 6 pm Friday and Saturday, closed Sunday, then 7 am to 8 pm Monday forward. Cargill, Houston remains open 7 am to 7 pm. ... See MoreSee Less

7 days ago  ·  

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