Ideal rains across the plains held promise of delivering a dry land crop. In the south farmers planted sorghum on many dry land fields and other fields they planned not to irrigate and the recent rains should benefit the crop. Natural gas prices softened offering some relief to the farmers who are planting corn. Senator Lugar was less supportive of the large payments of the past two years. Close out numbers are improving from good feeding weather and lower grain prices.
Most close outs show cost of gains in the mid to high forties.