Fedding the Bull

Feeding the bull today appears to be a difficult task...................................The weather appears to be drying out and harvest was put at 34% complete for corn, 32% for beans and winter wheat seeding at 57%....topsoil and subsoil moisture ratings up ticked from the previous week and pasture and range conditions improved, as well!

USDA Production Report and Supply/Demand estimates out at 11:00 Chicago time tomorrow. The prevailing attitude within the community is that we might receive increases in production in corn and beans as well as increases in carryover projection in the domestic and world calculations....................

The Ethanol announcement in Iowa yesterday was anticipated and expected....................Looking for new news to generate market interest and it is tough to find........................Let harvesting resume!

The information contained on this site is the opinion of the writer and obtained from sources cited

within the commentary. The impact on market prices due to seasonal or market cycles and current news events may already be reflected in current market prices.

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Steve Bruce

Walsh Trading
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