9.11.19
Dec corn @ 360- down 1 1/2 | Nov beans @ 866 1/2 down 5 1/2
There was a lack of follow through buying today as the market shrugged off some of the enthusiasm surrounding the US/ China news from yesterday. That being, China will be exempting some US industrial goods from tariffs, but not soybeans or pork. The trade now focusing it's attention on tomorrow's USDA report.
Average guess for corn yield is 167.2 bu/ac and 19/20 ending stocks at 2.0 billion bu.
Average guess for soybean yield is 47.2 bu/ac and 19/20 ending stocks at 660 million bu.