It has been largely overlooked amidst all the focus on the U.S. corn and soybean crop prospects, but the August WASDE is likely to also contain some other interesting changes affecting various supply/demand balances.The August WASDE is always one of the most intently anticipated of USDA’s monthly supply/demand analyses in any crop cycle. Primarily, this is because it contains USDA’s first yield and production estimates for the upcoming U.S. corn and soybean crops based on actual field surveys rather than on statistical yield trends. Ever since planting began last spring, those crops have faced a wide variety of often unfavorable weather conditions that have also varied widely among the different regions where they are produced.In the month...