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USDA also revised last week’s tally a substantial, 120,000 MT higher. Shipments of corn and soybeans were in line with expectations.
Ahead of the Open | August 23, 2021 Grain, soybean futures seen higher in technical bounce from last week’s slump.
Biden tries to limit damage from Afghan withdrawal policy
Dry Northern Plains, western Corn Belt welcome rain. Reports signal EPA sending proposed RFS levels to OMB for review. Biden tries to limit political and real damage of Afghanistan withdrawal.
Pro Farmer estimates the U.S. corn crop at 15.116 billion bu. with an average yield of 177.0 bu. per acre. We estimate the U.S. soybean crop at 4.436 billion bu. on a national average yield of 51.2 bu. per acre.
House returns to packed agenda which will not play out until October or later
Corn, soybean and wheat futures ended the week in a disappointing fashion, while lean hogs and especially feeder cattle futures roared higher.
This issue is all about our Crop Tour findings and our Pro Farmer crop estimates.
Biden risks being defined by Afghanistan crisis; was warned about a quick Kabul collapse
Results from Iowa and Minnesota are in, rains fell in some northern and western areas and a Rural Mainstreet Index holds above growth-neutral...