We are now starting to see harvest of U.S. corn and soybean crops move into the heart of the Corn Belt.

Yield data continues to trickle in and remains highly  variable, which isn't a surprise. The question now is if the very high  yields in fringe areas of the Corn Belt will help cover losses in other  areas, mainly southern Minnesota and Wisconsin, where drought was  more of an issue. 


While many regions of the Corn Belt have been dry all season, the  areas missed several rain events that others received. Determining a  final average yield on either crop is going to be difficult until well after  harvest is complete. 

Regardless of yields, the U.S. interior market is counting on these  added bushels to rebuild inventories. 

The cash market pipeline in the U.S. ...