Despite lower yields, the September WASDE was disappointing for the bulls. The national average for corn is forecast at 173.8 bu. per acre, down 1.3 bu. from August. The soybean yield of 50.1 bu. per acre is down 0.8 bu. Ted Seifried, Zaner Ag Hedge, breaks it down and talks about what it means for prices in a 10-min. video with AgDay’s Michelle Rook. They also chat about cattle hitting new highs but then reversing despite lower corn.
WASDE Disappoints the Bulls, So What Does It Mean for Prices?
Despite lower yields, the September WASDE was disappointing for the bulls. Ted Seifried, Zaner Ag Hedge, breaks it down and talks about what it means for prices.
September 12, 2023 12:39 PM
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