Traders were expecting net new-crop soybean sales for the week ended Aug. 21 to range from 450,000 MT to 1.0 MMT.
USDA reported weekly wheat inspections totaled 946,472 MT for the week ended Aug. 21, which were more than double the previous week and well above pre-report expectations.
Scouts measured average yield potential of 202.86 bu. per acre. Soybean pod counts in a 3' x 3' square averaged 1,246.86
Scouts found average corn yield potential of 198.43 bu. per acre. Soybean pod counts in a 3' x 3' square averaged 1,562.54.
Net corn sales for 2025-26 during the week ended Aug. 14 exceeded expectations by 860,000 MT. New crop soybean sales were also stronger than expected.
Scouts took samples from Iowa districts 1, 4 and 7. Iowa’s full results will be posted at the end of Day 4.
Scouts measured average corn yield potential of 199.57 bu. per acre. Pod counts in a 3' x 3' square averaged 1,479.22.
Scouts measured average corn yield potential of 193.82 bu. per acre. Pod counts in a 3' x 3' square averaged 1376.59.
Scouts measured average corn yield potential of 179.50 bu. per acre. Pod counts in a 3' x 3' square averaged 1348.31.
Scouts measured average corn yield potential of 174.18 bu. per acre. Pod counts in a 3' x 3' square averaged 1188.45.

Hillari Mason