Please click on the below link to download the Initial Corn Rating Highest Since 1994 for Combined G/E for 05/29/18
Based on US initial corn crop conditions reported 7 points above an average trade guess, look for CBOT corn prices to open 3-5 cents lower Tuesday night. Soybeans could open easier and wheat 4-7 cents lower. US winter wheat conditions increased 2 points in the G/E categories, and soybean planting progress was higher than expected.
See attached for FI’s US corn production estimate.
Crop Progress Estimates