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NE IOWA/ SE SD | Thursday is anybody's guess with the report out in the morning (most sentiment is bearish). Quarterly stocks have been big reports all year (especially Jan 12th and June 30th).
As far as the report goes I do not think exports should be cut (even with the past couple weeks being sub-par) feed and residual should stay static, and unless they find some of the corn they lost in June I see carryout around the 1.4 mark.
Friday I definitely think will be an up day as the start of a new quarter will bring fresh hedgy money into the only market that has a solid fundamental story.
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Ok, corn is down on tuesday....
