Rounded to the nearest $10, how much does the average American spend on Halloween? (candy, costumes, decorations, etc.)
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Grain Market Insight
Afternoon Grain Commentary 10-21-2019 – Grains closed weaker today with cash wheat down 8 cents to 3.79, cash milo down 4 cents to 3.35, cash corn down 4 cents to 3.89, and cash beans down 1 cent to 7.98. Export inspections this morning was ok, but not anything to get excited about. Corn came in at 20.9 million bushels, beans came in at 47.6 million bushels, milo came in at .8 million bushels and all wheat came in at 20.8 million bushels. This afternoon’s crop progress report has corn harvest lagging at 30% vs the 47% average and bean harvest is lagging at 46% versus the 64% average. Corn conditions were up 1% good to excellent at 56%, beans were unchanged at 54% good to excellent. Southwest Kansas weather is set to be sunny and in the 60s for the first part of the week, with a cold front moving through Thursday and a high of 48 degrees and a 60% chance of rain. Have a wonderful afternoon!
Morning Grain Comments 10-21-2019 – The grain markets started the night session a little lower but rebounded to trade higher with soybeans leading the other grains higher. Kansas City and Chicago wheat posted a new three-month high during the night session. The export inspections could be interesting today as well as the weekly crop progress reports this afternoon. In world grain trade news, Saudi Arabia bought 22.2 million bushels of optional origin wheat, Algeria has tendered for 1.8 million bushels of milling wheat, South Korea has tendered for 5.5 million bushels of non-GMO soybeans, and China reportedly purchased 18 million bushels of soybeans from Brazil. At the end of the night session at 7:45 this morning, Kansas City December wheat was 1.5 cents higher, Chicago December corn was up a penny, and Chicago November soybeans were 4 cents higher. Have a great day.
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