Wed. last day of the month 31 st.

ProFarmer tour

Corn yield 168.1                    13.759
Soybeans 51.7                       4.535

Brazil conab projects 150.36 Brz.Soybean crop (record)
+3.5% increase in planted acres
also 92 mmt in 2023 bean exports

With these yields (USDA confirms in Jan. ) we should have a battle for acres.

Do we see buy the rumor (last week) and sell the fact Monday??

Dec. corn
High 671 and Low 587.50 = 50% 629
4 week avg is 629.25

Nov. beans
High 1484.50 and Low 1356 = 50% 1420.25
4 week avg is 1420.25

Rains will help corn fill and beans yet.
Weather should be watched in China and SA.

Corn will be supported on breaks
Beans..not a bull number

Be Safe
Scott Capinegro
Branch Office of HighGround Trading