Monday, September 21, 2020 1:20PM CDT
The official NOAA mid-September outlook calls for no drought easing in affected areas of the Midwest and Plains over the next three months. DTN forecasts lean even drier with expectations for below-normal precipitation through almost all the central and eastern U.S. except for northern New England.
December corn is up 1 3/4 cents, November soybeans are up 3 3/4 cents and December KC wheat is up 6 cents.
The report-filled week consisting of the release of Cold Storage Report, Quarterly Hogs and Pigs Report, and Cattle on Feed Report will likely keep traders focusing on market fundamentals through the rest of the week.