Corn
David Tolleris of WxRisk.com provides his weather outlook.
Above-normal temps expected across key growing areas into harvest.
No signs of significant heat moving into central Plains or Midwest by Aug. 25.
USDA crop progress and condition report highlights.
Will these changes decrease or increase market volatility?
Don’t hold your corn and expect a basis gain to pay for storage, because it’s unlikely to happen.
A drop in corn yields was expected, but the market was trading 155-156 bu./acre corn yield.
The grain markets were in a tug of war this week between declining yield ideas in corn and late week economic concerns.
Commodity exchange amends proposal for new limits to go further than originally proposed.