Grain Trade Focused on Harvest Yield Reports After Higher Overnight Prices

Export sales on the higher side of previous estimates, lower reported ending stocks for corn, soybeans and wheat, increasing harvest activity and warm, dry weather all are contributing to slightly higher grain prices as the week’s trade gets underway Monday. Most eyes in the trade will be focused on harvest activity, and yield reports for price direction Monday and through the week. Monday also brings USDA’s weekly Crop Progress report, which is expected to show slight declines in corn and soybean conditions. See more of what the trade expects from Monday’s session.