August crop report

August Crop Reports Released

The August crop report released at noon today. Most attention on the corn trade. Corn has struggled since reaching highs in mid-July over the 490 level with extended hot, dry weather. Weather since then has been favorable and private estimates that are released keep the national average yield at or near USDA’s 183. In fact, StoneX just last week surprised …

crop report

August Crop Reports So Far

The August crop report next Wednesday. Some private forecasters slowly taking the top of national corn yield. Looking at the August report, an important one for the corn trade especially as the crop has pollinated for the most part and is filling ears now. USDA during the month of July has collected farmer surveys and also using satellite imagery to …

crop

Forecast to Affect Crop Yields

Corn futures at six-week highs, at mid-week soybeans seven-week highs, and the hot, dry weather is extended. Some private forecasters are already pulling back the top end of yield potential for corn and soybeans, we are told. Bottom Line analysts say that even a one-bushel-per-acre decline in the national soybean yield drops new crop ending stocks by over 70 million …