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USDA cut corn yield by 2.4 bu. to 175.1, while soybean yield was lowered by 1.1 bu. to 50.9 bu. per acre. Soybean ending stocks were pegged at 245 million bu., less than the avg pre-report estimate, while corn was above.

Corn and rice crops in China take a hit, a vessel carrying Polish wheat may spark EU tension and Biden calls China, “bad folks”...

Hot PPI report | USDA reports | Hurricane season | Maui wildfires | U.S./Mexico GMO corn

Light price action is expected in the grain and soy markets this morning ahead of USDA’s August crop reports.

Corn, soybeans and wheat traded in relatively tight ranges during the overnight session as traders awaited USDA’s August crop reports later this morning.

Kansas City Federal Reserve Bank finds continuing strong demand for farmland despite declining profit margins.

Quarterly survey finds strong financial conditions in rural ag banks.

After the Bell | August 10, 2023