Closing Chatham elevator bids

Wheat closed higher today, corn and soybean futures didn't see much change today, with corn closing slightly lower and soybeans mixed. The ProFarmer crop tour started yesterday. The trade will be following the results throughout the week. Yesterday the tour suggested similar crop sizes in OH and SD as a year ago, USDA is currently estimated higher yield in SD and lower in OH as a comparison. US crop rating for soybeans and corn were unchanged this week, corn at 67% good/excellent and soybeans at 68%, last year at this time the corn crop was rated 58% g/e and soybeans 59%. Flash US soybean export sales have been reported both yesterday and this morning, sales to China, Mexico, and unknown. Sales to China reported both days.

Have a good night.

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