Great chart tallpine, corn is getting interesting here with the long lived cold and wet pattern catching the markets attention!

Export sales just released:

https://www.ams.usda.gov/mnreports/wa_gr101.txt

Nothing too surprising.

To surpass the 443 level we need NOT only E15 this summer but China needs to buy that 5-7 mmt of corn from US.

I did already do my price projections for Dec. Corn here  Feb 23

Huge USDA acreage report out on Friday.

Funds have a record or near record short in Corn.

The market is concerned about the cold wet/snowy weather and planting delays......but there is still over a month to dry things out. 

The forecast on Tuesday is drier(to me) which is putting some pressure on corn prices today.

This source below is updated every 12 hours:

http://wxmaps.org/outlooks.php

Select a Parameter:    

http://wxmaps.org/outlooks.php

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I find myself in a pickle trade due to Fridays report.

Long 2 K corn + 1 K wheat

Short 1 K bean

Thanks becker!

Here's some good information from earlier today from farmprogress. 

https://www.farmprogress.com/morning-market-review/morning-market-review-march-26-2019

ty ..... looks ike a spectator sport until now ...     

...... MINE    3-48 -1/4

By the numbers (complements of Reuters)

Still looks pretty wet The last 4 runs of the GFS operational model, total 2 week precip is below. The top one, 12z model just came out. Below that, are the previous ones, each from 6 hours earlier...... the 6z, 0z and 18z. In 6 hours, the bottom one, the 18z run will be updated and be the latest and this top one 12z the 2nd oldest. 

Forecast Hour:  384
Image URL: http://mag.ncep.noaa.gov/data/gfs/12/namer/precip_ptot/gfs_namer_384_precip_ptot.gif

Image URL: http://mag.ncep.noaa.gov/data/gfs/06/namer/precip_ptot/gfs_namer_384_precip_ptot.gif

Forecast Hour:  384
Image URL: http://mag.ncep.noaa.gov/data/gfs/00/namer/precip_ptot/gfs_namer_384_precip_ptot.gif

Forecast Hour:  384
Image URL: http://mag.ncep.noaa.gov/data/gfs/18/namer/precip_ptot/gfs_namer_384_precip_ptot.gif

Export inspections:

https://www.ams.usda.gov/mnreports/wa_gr101.txt

The market is trading weather too wet for planting.