Corn and soybeans succumbed to selling pressure while hogs and cotton outperformed to the upside on Wednesday.
Weakness was seen across ag markets today despite the overall “risk-on” tone in the marketplace.
Markets saw upside for the most part today, led by soybean strength. Wheat and cotton struggled to maintain spillover strength.
Mixed action in the grains today with soybeans leading strength, corn closing roughly flat and wheat leading losses.
Pro Farmer estimates the U.S. corn crop at 14.960 billion bu. with an average yield of 172.0 bu. per acre. We estimate the U.S. soybean crop at 4.110 billion bu. with an average yield of 49.7 bu. per acre.
Preliminary route reports from Brian Grete, Mark Bernard, Chip Flory and Brent Judisch on Day 4 of the Pro Farmer Crop Tour.
After the Bell | August 24, 2023
Preliminary route reports from Brian Grete, Mark Bernard, Chip Flory and Brent Judisch on Day 3 of the Pro Farmer Crop Tour.
After the Bell | August 23, 2023 Grain and soy complexes ended on a high note amid weakness in the U.S. dollar and escalating tensions between Russia and Ukraine.
Preliminary route reports from Brian Grete, Mark Bernard, Chip Flory and Brent Judisch on Day 2 of the Pro Farmer Crop Tour.

Pro Farmer Editors