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Gary's Blog 09/16/19 2:24:38 PM
9-9-19
Crop ratings G/E
TW LW AVG Ohio
Corn 55% 58% 69% 33%
Beans 55% 55% 67% 34%
9-16-19
Grains rallied today with friendly macro markets (Crude) having a positive influence. Corn and wheat worked there way up while beans tested both sides of unchanged. A warm/dry forecast remains in place as harvest accelerates in the south. We are still a few weeks out locally, but this weather is pushing the crop to maturity. Crop conditions will be released today after 4pm. Funds were holding larger then expected short positions in Friday’s report. We are nearing the finish line, but we are a few weeks away from calling the 2019 crop “in the bin.”
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