Read the Story From The Combines Not USDA, Pro Farmer

September 19, 2017 03:13 PM
 
 

When USDA released its September Crop Production and World Agricultural Supply and Demand Estimates (WASDE), corn and soybean prices saw red.

A 169.9 bushel per acre corn yield and 49.9 bushel per acre soybean yield left some farmers and market analysts scratching their heads wondering how USDA came up with that number.

Joe Vaclavik, president of Standard Grain, and Jim Bower, founder of Bower Trading, digest these numbers on U.S. Farm Report above.

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Tom
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  Beans prices rose, yield in soybean dropped because August got too much rain, white mold hammered soybean yield. Corn benefitted by these rains so prices dropped a bit. Corn doesn’t get white mold!

 
 

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