Pro Farmer MAX
An analysis from former USDA Chief Economist Dr. Joe Glauber
Corn conditions were unchanged, while the soybean, spring wheat and cotton crops improved.
Post-report price action signals traders feel USDA’s corn yield projection of 181 bu. per acre will be increased when the agency releases its first survey-based estimate in August.
ENSO-neutral conditions likely to persist.
The latest letters were sent to six countries, which are relatively minor trading partners.