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Gary's Blog 05/26/26 1:14:21 PM
5-18-26 Planting progress %
TW LW OH
Corn 76 57 52
Beans 67 49 46
5-26-26
Markets started the week off on a weaker tone with futures 5-10 cents lower at the close. It’s back to the on again off again war talk with Iran. When traders feel a peace deal is close commodities have suffered as traders sell. We have seen this play out over and over the past few weeks and when the missiles start flying again oil/grains tend to rally. The bigger story may turn into the weather as we have seen extremes so far this spring. Some areas are excessively wet while others remain too dry. Some weather models suggest almost zero rain over the next 2 weeks which could place some stress on those in the drought areas. Seasonally it’s a volatile time on the CBOT with a lot of uncertainty surrounding the 2026 crop.
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