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Will USDA Shock Markets in August Crop Report + Does Too Much Rain Make Grain

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    Will USDA Shock Markets in August Crop Report + Does Too Much Rain Make Grain

    Ag Commodity Corner+ podcast

    USDA August crop reports could surprise next week.

    It was plenty wet for the U.S. Midwest from May – July with Iowa receiving 200% of normal precip in July so is too much rain too much of a good thing?
    Another Derecho hit Eastern Montana, ND and Western Minnesota this week.

    Trump and Putin are expected to meet but an end to the Ukraine/Russian war could increase production/competition long-term.

    Did corn futures hit a bottom yet and when will the funds stop ignoring the strong corn demand?

    OPEC decide to unwind all of the production cut from 2-years ago and are now contemplating whether to unwind the 1.6-million-barrel member voluntary cut.


    ?

    #2
    The USDA may print the largest 2025 US corn and soybean yields this coming Tuesday in the August crop report but do you think they might have to walk back the yields like last year by the Jan. 12, 2025 crop report but for different reasons? Have the rains been too spotty/late for most crops in the Canadian Prairies?

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      #3
      Flooding in Nebraska as we speak. Isn’t their harvest started?

      Comment


        #4
        Originally posted by sumdumguy View Post
        Flooding in Nebraska as we speak. Isn’t their harvest started?
        Will anyone notice until 6-8 months from now?

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