Good morning, everyone! This is Steve from Allendale's wake-up call, and I hope you're all wide awake and ready for the day ahead. Today, I want to discuss the current state of the markets and what we can expect as we enter a new month.
Yesterday, we experienced a strong day of trading, which may have been influenced by end-of-the-month activities. Corn, beans, and wheat all saw significant gains, with wheat showing particularly strong buying activity. However, in the overnight markets, we are seeing a slight dip in corn prices, down about a penny and a half, and beans are also down by about five cents. It's important to note that we are currently retesting some support areas.
