CBOT prices are following the winds of weather forecasts as forecasts turned cooler and wetter overnight, leading to mostly lower prices.  Tonight’s 6-14 day maps portend good conditions (on average) from central Iowa eastward. However, all is subject to change as Mother Nature dictates.  http://www.cpc.ncep.noaa.gov/products/predictions/610day/

August Soybean and Soymeal futures closed slightly higher as old-crop supplies remain tight amid strong demand. This demand may be cracking as the spot basis levels have come down significantly in recent days as futures rallied.

Cattle futures closed much lower today on weak beef markets and worries where cash fed cattle will trade this week.  Choice down 1.03 at 189.44; Select down 0.57 at 183.78. The AUGUST LC contract moved to a new low for the move and threatens to break support at $121.00.

Corn Sep -7 538.5; Dec -9 502; Dec’14 -6 526

Bean Aug +2 1477; Sep -6 1329; Nov -3 1283.5 Meal Aug +2 469; Dec -3 386 Oil +8 4579

Wheat Sep -4.5 665; Dec -5 678; Jly -5 695 KC -1 703; MGE -4 755

Oats -1 353

Rice +2 1528

LC Aug -82 12130; Dec -77 12792; Feb -85 12932 FC Aug -157 15097; Oct -125 15585; Jan -105 15775 LH Aug -50 9580; Oct -7 8527; Dec -7 8242 Milk Jly unch 1738; Aug -12 1796

US$ +.2%

Dow +19 15470 SP +5 1681 NAS +11 3610 Tran +50 6473 VIX -.64 13.78

WTI +.5% Brent +.5% Gas -.8% NG -1.7% HO +.9% Eth -1.2%

Gold -1.3% Slvr -3.3%

2-yr -.01 0.31% 5-yr -.06 1.31% 10yr -.05 2.49% 30yr -.02 3.57% KENTUCKY CASH GRAIN BIDS – Click Here