Today's Stocks Report was extremely bearish as larger than expected Grain stocks were seen in all 3 crops. Add in 2.5 mln more bean planted acres and you have the makings of a very long summer of continually lower New Crop prices. Weather reports continue to point to near record yields in corn and beans as well.
Light rain is in store for the southwestern Plains and Texas Panhandle Monday. The rest of the primary U.S. and Canadian Prairie crop regions will be dry following a weekend of severe storms in the eastern Midwest and Midsouth. » More DTN Weather Commentary