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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...

The crop markets were mixed in overnight trading as the Pro Farmer Crop Tour wrapped up. Firming cash cattle prices suggest futures could rebound from Thursday, but hogs seem to be facing seasonal weakness.