Brian Splitt with AgMarket.Net says new crop corn fell to contract lows after the August WASDE in reaction to USDA’s eye-popping 188.8 bushel per acre corn yield. However, soybeans rallied with ending stocks falling under 300 million bushels.

As The old saying is that big crops get bigger, and that’s what the USDA showed today with a blistering hold yield estimate. Oliver Sloup and RFD-TV anchors break down todays WASDE report, tune in!

Jeff Hoogendoorn with Professional Ag Marketing says the grain markets were lower on China disappointment. Lean hogs continue to be supported by lower slaughter figures which could be a tailwind into 4Q.

Now farm tractors, combines and sprayers can be configured so there is no impact on engine power for up to 36 hours when a DEF system malfunction occurs, and a farmer has up to 100 engine hours at 25% power reduction before a 50% reduction takes hold.

Dan Basse, president, Ag Resource Company, says there is no evidence China is buying U.S. soybeans. In fact, the U.S. could miss the fall export window with the 90-day extension of the tariff truce.

The White House said on Monday to not expect public release of the Make America Healthy Again policy recommendations on Aug. 12