121, and the Dow’s implied open is up 64 points.ĭecember corn rallied to 506 ¼ in the first few minutes of trading last night and has been slipping ever since. 86, WU down 6 ½, KWU down 10 ¾, MWU down 7 ¾, crude oil up 1.08 at 82.33, ULSD up 1 ½, RBOB down 1 ¼, natural gas up 7 ¼, US dollar index down. As of 7:36 am CT: CU & CZ up 2 ¾, SX up 21 ¾, SMU up 5.70, BOU up.Last trades in China overnight: #1 beans (domestic) up 6, #2 beans (import) down 4 ½, meal up 13.10, soyoil up 40, and corn up 3 ½ cents.Friday’s Cattle on Feed today: On-feed 97.7% vs.China cut its 1-year loan prime rate by 10 basis points to a record low of 3.45% and kept the 5-year rate at 4.2%.Their national corn yield will be released on Friday.

Everyone will be glued to their phones waiting for pictures. The ProFarmer crop tour begins today in OH/IN in the east and SD/NE in the west.Stress builds in mainly IA/IL the next 10 days heat eases after Tues/Thursday.

Latest weather: Extreme heat this week across the Midwest, breaks by the weekend, but heat returns beyond that with less rain chances, which is a change from last week.

Wheat was lower as spring wheat harvest moves along. A heat dome is moving into the Midwest this week which sent soybean prices soaring and dragging corn with it.

Golden valley farms llc