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“Prices were $.03-$.04 lower ahead of what will likely be an active harvest weekend. Spreads also eased. Dec-25 is back below its 100-day MA closing at about the midpoint of this week’s $.10 range. Argentine corn plantings have doubled in the past week from 6% to 12%. France’s corn harvest advanced 9% LW to 14%, in line with the 5-year average, however well above the 1% pace from YA. My estimate for Sept. 1st corn stocks at 1.344 bil. bu. is 19 mil. above the USDA forecast in the Sept-25 WASDE and slightly above the average trade guess,” reported Mark Soderberg with ADM Investor Services.





