Weather threat vs. month-end profit-taking

FOR THURSDAY: (7/28) The 6-to 10-day outlook (Aug. 1-5) favors about an 80% chance for above-normal temperatures near the Great Lakes then and 70% chance for the remainder of the Midwest. That forecast has normal to above-normal chances for rain then. Besides weather, beans were also boosted a bit by China. We’re at odds between bullish weather and end of the month profit-taking potentially lifting this market and incomplete patterns. Will have to see how it looks in the morning. Hogs and cattle look like they will come off into the end of the month.