CBOT weekly: USDA/weather in focus for corn and soybeans

CBOT weekly: USDA/weather in focus for corn and soybeans

Midwestern conditions favourable

Reading Time: < 1 minute Warm Midwestern temperatures and timely precipitation weighed on corn and soybean futures at the Chicago Board of Trade coming out of the Independence Day long weekend. Weather should remain a major market driver through the growing season, although some short-term direction could come from the monthly United States Department of Agriculture supply/demand estimates due out on July 11.