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.
August jobs report on tap. StoneX raises U.S. corn and soybean yield forecasts after welcome rains. Russia has once more hiked its weekly tax on wheat exports. Manchin to Dems: Hit 'pause' on Biden's $3.5 trillion plan.
As Pro Farmer Crop Tour wrapped up this week, scouts saw inconsistency in the West and consistency in the East. With Pro Farmer's projected crop size, Brian Grete and Chip Flory discuss the demand piece of the puzzle.