Markets
Friday looks to be a quiet day for reports, with CFTC to release their weekly Commitments of Traders report at 2:30 p.m. CDT, wrapping up the week with a look into trader positions as of Tuesday, July 14. Otherwise, traders will continue to monitor the ongoing conflicts in the Black Sea and Persian Gulf, as well as U.S. weather which will remain critical for the next 30-45 days.
Weather
A large plume of wildfire smoke continues to work across the Great Lakes and into the Mid-Atlantic on Friday. In addition, isolated showers will expand across the region as a system moves through Ontario. Both should help to cut temperatures back a few degrees, but high heat continues in the Northern Plains and Upper Midwest.
DTN Markets Commentary
DTN Grain Comments
Strong Demand Lifts Soybeans Friday, While Wheat Maintains Momentum Into Weekend
Corn, Soybean, Wheat Futures All Higher at Midday Friday
Grain and Soy Markets are Firmer Friday, Led by Surging Bean Oil
Row Crop Futures Leak Lower Early Friday