Crop Quality Concerns for Corn and Soybeans

Crop Quality Concerns for Corn and Soybeans

Trading activity for grain and feed items were limited this week as hot and dry weather forecasts through the weekend are rekindling worries about the quality of corn and soybean crops in their peak reproductive stages. Sources confirmed that there were no active trades on DDGS this week, with prices maintaining the same levels as last week. Market participants indicated that demand has eased, and expectations that supply will tighten substantially come September.

Corn gluten products had slow trading activity this week, with no active trades reported. Market participants agreed upon all ranges. However, some sources are still observing strong interest at lower price levels.

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