Market Thoughts 8.06.23

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Check out this week’s Video Commentary: https://www.loom.com/share/1c931c7796854cc5a4439556ef5d1712   Dec corn lost 33’0 cents this week to close at 497’2. Corn stumbled all the way to 493 Thursday morning after hitting 572’0 the previous Tuesday, a decline of 79 cents with eight straight daily losses before breaking the streak with a small gain on Friday. Similar story for beans, posting a 49’2 cent loss to close at 1333’2, 102 cents below the last Tuesday’s peak. And despite those impressive losses, spring wheat still managed to be the worst performer on the week, losing 73’6 cents to close at 822’2, an incredible […]
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