Analysts provide estimates amid lack of data releases from USDA
Dry conditions in the upper midwest developing
USDA’s harvested acres estimate drove 62% of the production increase
National soybean good to excellent ratings up 1%
Drought relief came to the plains, while dryness expanded in the eastern corn belt again
Corn fell 1.7 points on the CCI, while soy fell just 1.2 from last week
Nearly all the continental U.S. is expected to be hotter than average this fall
Corn and soybean acres in drought increased again this week
Wheat exports are performing stronger than in recent years
Dry and hot weather in major growing areas were the drivers for deteriorating condition

Spencer Langford