HOT............Note,the new grain trading hours are 5PM central to 2 central, with no downtime in between. As expected, traders priced in the weather's impact on the week with weather being 90% of the market pricing influence through key yield development time. Light and wildly scattered weekend rains , a dry outlook this week and a heat dome entering this weekend all led to rallies of $.14 on corn, 23 on beans and $.28 on wheat before profit-taking entered. With markets closing early Friday and closed next Monday we should expect traders take profits on days when there up sharply and not leaving that much risk on the table over the long three day holiday. WXRISK.COM the ag weather site sees little to no rain in the Midwest through Sunday with the heat dome bringing temperatures in the 90s this weekend. Remember we were dry last week as well and traders may think a dry pattern is setting in. This looks to support markets this week on breaks after the rally after they rallied on the news Sunday and Monday. Our Monday crop progress report came out at 3 PM central time. The corn progress showed 96% of the crop is planted with 76% emerged and in need of timely rains. The first condition report of the year showed 74% was in good to excellent condition. I noted on my report last Friday that the USDA has shown us the last four years they will start conditions higher then whittle down from there if weather so directs. So, though the rating is probably lower due to frost, cold evenings and lack of recent rains, this is where the bar is set and we move on from here. Should the near -long-term weather be as hot and dry as forecasted they can cut 5 to 9% in the good to excellent condition in a week. Wheat condition declined for the third consecutive week at 58% good to excellent condition. Big losers were Colorado 47%, down 9 and number one wheat producing state Kansas 43% down 9% from the week prior. Harvest has begun at 3% but only Oklahoma at 14% harvested was in the big producer category. Weather outlooks look hot and dry from Texas to Kansas this week so expect another conditions dip on next weeks report. Beans came in at 76% planted with all key producers near the average except Missouri at 65%. No issues here as we await the first condition report. Early emergence looks slow as topsoil is drying up and near-term is hot and dry across the Midwest. But that can change overnight. Remember with over 80% of all three crops, corn, beans and spring wheat now planted, weather and its effect on conditions are 90% of our pricing influence. Today Tuesday WXRISK.COM now sees a rain potential for Monday and Tuesday in the upper Midwest of North Dakota, Minnesota, Wisconsin and Michigan. Here's the problem. It's only Tuesday and by Thursday or Friday it could be called to move further south into the heart of the Midwest grain belt. Should that forecast enter, traders won't want to buy long adding risk with a three-day holiday ahead. Support for July corn lies at 6.22 and resistance 6.44 then 6.58. December new crop support is 5.30 with resistance 5.50 then 5.56. Support will hold for corn and beans only if the forecast keeps the early week rains furthest north. July bean support is 13.85 today and 13.90 Wednesday with resistance is 14.15 then 14.50. November support is 12.80 with resistance 13.25 then 13.55. July wheat support is 6.80 with resistance 7.22.