The corn futures market bulls on Thursday made a strong showing in the face of some bearish monthly USDA supply and demand data released. Friday, grain traders are focusing on weather in the U.S. midsection. A powerful tropical storm in the Gulf of Mexico could wind up dumping some needed rainfall in the eastern Corn Belt early next week, or not. Weather forecasters are not in agreement on the storm’s path once it reaches landfall. With much of the Corn Belt now in need of a good drink of water, weather forecasts are driving the grain markets. Next Monday looks to be one of the more important grain-trading days of the summer, as updated weather forecasts coming out of the weekend will drive prices and likely make for higher volatility on Monday. Stay tuned!–Jim