August report could be crops’ highwater mark
ewer ears, but still bigger ears. Even though the corn market responded negatively to the surprisingly large U.S. Department of Agriculture (USDA) yield forecasts, there was still much disbelief in the analytical community about the size of the row crops the USDA was forecasting.
With soybeans, no one has much "hard data" to work with at the beginning of August. The USDA does count...
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