Started by metmike - Sept. 8, 2020, 4:28 p.m.
Rating dropped 1% for both the C and S and the drop was into the fair category, with the p/vp remaining the same.
This is not bullish but ratings really don't matter much this late in the year, especially for corn(unless there was another derecho or hail damage or flooding)
By metmike - Sept. 8, 2020, 5:53 p.m.
25% of U.S. #corn was mature as of Sunday 20% of #soybeans were dropping leaves, both ahead of the recent avg. Conditions both dropped 1 pt each. Winter #wheat was 5% planted, spring wheat 82% harvested.
By metmike - Sept. 8, 2020, 5:54 p.m.
I will guess that this starts us a tad lower on the open this evening, with the market expecting a slightly bigger drop in S ratings.