Alkire Advisory Morning Comments – 5/01/2018

Good morning! Corn is up 1 ½ cents, soybeans are down 3 cents and wheat is down ½ cent/bushel as of the biscuit break.

Corn has extended a two-day rally into this morning on slow planting concerns with mid-week rainfall forecast for much of the Corn Belt. Nevertheless, the next two weeks remain favorable for seeding with warming temperatures, nearly ideal soil conditions and just two rain events forecast for the Corn Belt over the next ten days.

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