Today's Stocks and Acreage Reports had surprises for both corn and beans. Wetter, cooler forecasts have put a damper on the corn market.
Ongoing dryness in the central Corn Belt pushes crop conditions lower and markets higher.
Lack of rain in the Corn Belt pushes futures higher, Fed pauses on rate hikes, Kansas wheat harvest kicks off.
With this month's WASDE in the rearview mirror, markets are back to watching weather and looking ahead to the June 30th Stocks and Acreage Report.
Planting continues at a rapid pace, southwest Kansas is slated for more rain, and corn export inspections are lagging.
