AgDay 10/09/26

Yield is clearly the focus of Friday's WASDE report, especially given the impact of September's record rainfall in states such as Iowa. Average trade estimates remain somewhat conservative, and if USDA confirms those expectations, the report could disappoint the market, particularly for corn. Another key question is how USDA will account for the additional 173 million bushels of old-crop corn identified in the Quarterly Grain Stocks report.

See omnystudio.com/listener for privacy information.