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Analysts forecast corn yields at 182.4 bu/acre and soybeans at 52.9 bu/acre in USDA’s first survey-based crop production report, with total corn production seen at 15.934 billion bushels versus last year’s 17.021 billion. Private estimates range widely as weather stress takes a toll in some areas.
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Flash sales of soybeans and meal may offer support
Know the two numbers that matter before the September deadline.
USDA WASDE on Wednesday, and then focus turns to annual Pro Farmer crop tour
Every state except Idaho notched a decline
Rain and cooler temps were welcome after intense July heat, though the high temps have returned in the mid- to lower Midwest, raising concern for the soybean crop as it advances through its most critical growth stage.
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