Market Thoughts 7.30.23

Check out this week’s Video Commentary: https://www.loom.com/share/ab6b127952194203a0d64a8b57cc85b3   Dec Corn ended up losing 6 cents for its efforts this week, closing at 530’2. That’s a somewhat surprising/underwhelming outcome in a wildly volatile week which saw that contract hit 572’2 on Monday. Similar story with Nov beans, losing 19’2 on the week to close at 1382’4 but not before trading all the way up to 1435’0. That 1435 high was the highest for Nov 23 beans since May 31st, 2022 and within 13 cents of the lifetime contract high. Sep spring wheat did manage a 9’0 cent gain this week, closing […]