Hello to All. Exist some interesting News: http://www.agrimoney.com/news/confirmation-of-china-deal-to-underpin-corn-prices--3110.html . Kind Regards, George Kanellopoulos.
Not sure what support if any it will give the corn market, but if the KC Wheat crop in SC Kansas doesn't receive any rain in the next 10 days, I doubt there will be much wheat feeding going on in the US. Dry spots are expanding and the double crop wheat is a bust. Comment from the Wheat Tour. "If it rains in the next week, the crop could make a recovery. But if it doesn't rain, there is a lot of downside potential to the crop," according to Ben Handcock, Executive Vice President, Wheat Quality Council.