Soybeans Pop in the Overnight

在隔夜会议中，将谷物与玉米上升1 1/2美分，大豆上升9 1/4美分，小麦下降2 1/4美分。五月谷物合同的第一个通知日是30日星期四。请确保在周三交易结束时清算或卷起可能的合同。

July Chicago wheat fell through $4.85 support yesterday and continued lower after breaching the level. Precipitation on Monday helped provide moisture to Western Oklahoma, parts of the Panhandle and southwest Kansas. Dry spots have now been limited to 10 percent of the winter wheat area with more precipitation expected in the 6-15 day forecast. Winter wheat conditions were unchanged this week with 42 percent of the crop rated good to excellent.

Crop conditions showed that 19 percent of corn has been planted which is behind the analyst expectations of 23-25 percent and lagging the four year average of 25 percent planted. Soybean progress was reported at 2 percent complete behind the four year average of 4 percent during this time period.

Yesterday, Iowa’s state agriculture department said that they have found “probable new cases” of the bird flu in an estimated 2.3 million birds. There were four probable cases throughout Iowa in Sioux County, Osceola County and two incidents in O’Brien County.

—Cody Bills