Kent Beadle with Paradigm Futures says corn is following the soybean market early Wednesday after USDA shocked the market with a record 188.8 bu. yield and 2 million more harvested acres. So did the report bottom the markets?

Corn yield estimates in seven counties surrounding the community of Bloomington indicate farmers there will harvest an average crop, at best. That’s counter to what USDA predicts for Illinois yield results statewide.

If USDA predictions hold true, a massive U.S. corn crop is on the way.

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.

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.

The extent of the disease in the state is the worst one ISU Extension pathologist says she has ever seen. Farmers in 17 other states have also confirmed the disease.

Arlan Suderman, chief commodities economist with StoneX, Inc., says soybeans led the rally with nearly 24-cent gains in November on hopes for China export business. But the market may have gotten ahead of itself.

The world’s first ethanol to jet fuel production facility expects to begin production in September

Short-stature corn is often planted at higher populations because its architecture allows for better light interception and more efficient use of resources when plants are grown closer together. But that’s not always the case, according to Ken Ferrie, Farm Journal Field Agronomist.

Brad Kooima of Kooima Kooima Varilek says there were signs in the cattle market prior to Friday’s sell-off indicating the market might be getting toppy. However, does the market negate the reversals like it has in the past?