Friday, August 16, 2019 12:11PM CDT
Gro Intelligence's corn yield estimates in Illinois, Indiana and Ohio diverge drastically from USDA, ranging from 21 to 28 bushels per acre lower, while soybean yields range from 3 to 7 bpa lower.
Friday, August 16, 2019 12:03PM CDT
Corn and soybean yields are running significantly below 2018 levels, particularly in Iowa, where Gro Intelligence forecasts average corn yield will drop by nearly 10 bushels this year.
December corn is up 3 1/4 cents, November soybeans are up 6 cents and December KC wheat is up 2 cents.
Trade Friday morning is expected to remain sluggish with a combination of follow-through buyer support and late-week position adjustments in sluggish morning trade. The volatile swings this week will add to unsteady end-of-the-week shifts.