Grain Exchange – 6/11/2020

Grain exchange update with Melissa Schmidt

Happy Thursday! The USDA supply and demand report are due out at 11am today. Weather is drier in the week. Exports are better than expected.

China sold 3.94 metric tons of corn from reserves. US ethanol margins remain in the green by seven cents per gallon. China is thought to have booked two cargos for new crop beans. Markets are currently in the green. Wheat harvest is currently being harvested in Texas and OK with great test weights.

Make sure to get our offers in for old and new corn. We have several options to help you get close to your goals or reach them. Have a safe and awesome day!