The old adage in July is "rain makes grain". Even though many in the US are still trying to replant, the forecast of rain has driven down markets today and yesterday. Several factors are mentioned in the tumbling grain prices, other than rain making grain. A stronger dollar, funds think grain has topped, and crops maybe being in better condition all mentioned. Give us one hot dry week in Iowa, and they will go back the other way.
I am now getting the rain I needed 5 days ago, replanted 40 acres yesterday and should have done 25 more, but ran out of seed. Headline in grass and grain is "Plant soybean crop in July, says MU agronomist". This is stressing that IF we have good conditions we can still raise soybeans even after a July 15th planting date...I hate to bet on it though.
The corn is looking better all the time, maybe I should post some pics of it, now that I am no longer ashamed of it.