Wow that's alot.

https://www.usda.gov/oce/commodity/wasde/wasde0620.pdf

I expect dryness to trim that number some.. but it's 1.7 billion bushels higher than 2017/18's number.

They did trim the corn crop some but dropped ethanol 50 myn on the grind to offset it.. which even though ethanol was up this week.. we're still running over 25 myn bushels behind per week on the grind vs last year's good numbers.  And the economy is maybe starting to fail again.. with Crude oil probably needing to retrace..??

Wheat harvest is just around the corner probably gonna be some hedge pressure coming into that market for the weekend.

A weather rally from some point.. but is this it?  and even if we do lose a billion bushels.. the carry out is still going to grow.

Ugly.