There wasn’t a lot of change in grain and oilseed prices this week. Hurricane Irma didn’t seem to have the effect on prices that some had been expecting. Corn prices did little on the week other than a little increase in export prices due to some Irma related logistics problems.
The weather for corn looks to be quite good overall and no one is looking for much weather-related market excitement. At present, we just have the corn crop doing well and not much happening that would push prices up or down. There was a private sector estimate of corn planting for next year that showed higher planting levels than this year --- but planting is a long way off and there was no market effect..................please click PDF to see more details