World Perspectives
feed-grains soy-oilseeds wheat

Thoughts for a Dull Tuesday in September

One sign of the current state of grain and soy markets is the lack of attention being paid to the next batch of reports from USDA/NASS that are to be released 30 September.The fall harvests are off and running. USDA says that 10 percent of the U.S. corn crop and 7 percent of the soybean crop were harvested as of 20 September, which is reasonably close to average progress for the date. There may be some showers in the western Corn Belt, but the overall weather outlook should allow for good progress this week. Corn yield reports are varied enough to keep up the market speculation over the final size of the U.S. crop. There appears to be less variation in the early soybean yield reports. They are almost all very good and often better than last...

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From WPI Consulting

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