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Recent university studies find that corn kernels usually hold their weight through the dry-down process while pinpointing the operational realities that lead to missing grain.
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Jerry Gulke president of The Gulke Group says it isn’t surprising to see profit taking in the soybeans with the funds holding a near record long position.
Dan Basse, president of Ag Resource Company, says the corn yield figure was very close to the trade guess and largely priced into the market.
Despite widespread concerns over summer weather damage, USDA’s September WASDE corn yield came in almost exactly where the trade expected, which left stocks-to-use, not yield, as the number driving the market.
Scott Varilek with Kooima Kooima Varilek says the recovery in the cattle market this week feels good but he is watching for several signs to feel confident about sustaining it.
Iowa State’s Meaghan Anderson walks central Iowa cornfields turning up a resurgence of crown rot after years of drought, plus wildly variable stands from early-season rain. Is a big Iowa corn crop still in reach?
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In the September report USDA will use objective field data for the first time this marketing year to determine yield.
Brady Huck with Empower Ag Trading says soybean futures hit new contract highs again as the market got energized by higher product values, report positioning, higher energy prices and China buying.
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