Thursday, August 25, 2016 12:16PM CDT
After six stops in south-central Iowa Thursday morning, scouts' corn samples on one route of the eastern leg of the Pro Farmer Midwest Crop Tour were averaging 196 bushels per acre. Meanwhile, eight corn fields sampled Thursday morning on the tour's western leg in southwestern Minnesota averaged 177.5 bpa.
December corn was 1 cent lower, November soybeans were 7 cents lower, and December Chicago wheat was 2 cents higher.
Live and feeder futures should open moderately lower, checked by follow-through selling and lower feedlot business. Lean hog contracts are also set to open some lower thanks to residual selling and a general lack of buying interest.