• Another quiet trading session today. Corn only traded in a 3.25 cpb range and soybeans in a 9.5 cpb range with nearby corn up 1.5 and beans up 3.0
  • Bean basis popped up today as the Chinese came to the market to buy additional cargoes
  • Confirmation of second MFP payment of 82.5 cpb.
  • Decent amount of bean pricings today as many people are evening out income for taxes
  • Normal trading hours all this week
Have a great evening!!
Scott Johnson