|
|
|
|
|
|
9/10/26
Corn up 6, Beans up 23, Wheat up 13
Crude Oil-103.68 up 7.62
US Dollar-99.09 up .27
Dow Jones- 52,064.10 down 316.56
Traders continue to position ahead of tomorrow’s report. Speculators are expecting the USDA to reduce yield estimates from last month’s report. Estimates for corn yield range from 182.9 down to 173.2. Estimates for soybean yield range from 53.3 down to 51.5. Prices have rallied significantly in the past few weeks, which begs the question; have smaller yields already been priced into the market? Let’s see how the numbers fall tomorrow.
|
|
|
