New recovery highs were found overnight, with selling developing late in the morning.

Grain Gains, Moisture Missteps, and Record Cattle Highs Amid Weather Woes

This morning’s grain trade is again higher, though soybeans have relaxed about a dime off of overnight highs. Friday’s yield drop came from the NAS S adjusting seed moisture back to 15-15.5% in corn and 13-13.5% in soybeans on its operational fields. Meanwhile, producers report that the yield reflected what their combined monitor and weight tickets show…