Market Update

CME grain pricing experienced an uptick across most grain items. After the USDA reduced their quality rating, corn prices gained momentum, increasing by $0.1050 to $6.08/st. Soybean prices made modest gains as traders balanced their positions ahead of the next WASDE report, increasing by $0.0325 to $13.53/st. Meanwhile, soymeal dropped by $4.50 to $396.70/st, and wheat rose by $0.0375 to $6.27/st.

Crop Progress June 4 

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