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Gary's Blog 08/03/26 1:07:20 PM
7-27-26 Crop ratings G/E %
TW LW OH
Corn 63 67 60
Beans 63 66 57
8-3-26
Grains opened lower overnight but were able to manage a reversal in the day session. China was busy securing beans on the break while chatter of lower yields being possible also had traders buying today. Weekend rain was spotty but large areas did receive some much-needed moisture. Crop ratings will be released at 4pm today. Fridays CFTC report showed funds 100k+ long in corn/beans but that was as of Tuesday. (There was large liquidation Wed-Fri) Locally we are possibility sitting on potentially record yields as weather conditions are nearly perfect. One or two more rains and 2026 might go down in the history books.
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