- Futures prices were mixed this week. CBOT soft red winter (SRW) futures shed 25 cents to close at $6.37/bu. KCBT hard red winter (HRW) futures were down 6 cents to end at $6.00/bu. Dry conditions drove MGE hard red spring (HRS) futures up 60 cents to close at $8.22/bu. CBOT corn futures lost 19 cents to end at $6.36/bu. CBOT soybean futures shed 67 cents to close at $13.29/bu.
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Commercial Sales
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U.S. Drought Monitor
- Temperatures were hot in many parts of the US this week and conditions stretching from North Dakota encompassing all states south to Texas were dry. South Dakota, Nebraska, Kansas, Southwest Oklahoma, northwest Texas, Colorado and Wyoming all experienced above normal temperatures and paltry rain led to an expansion of drought conditions in those states. The west also experienced record high heat and an expansion of dry conditions. Severe drought expanded in western Idaho while areas of Oregon, Washington and Montana saw conditions deteriorate further.
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Baltic and U.S. Dollar Indices
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