Source: FARM DOC DAILY, UNIV. OF ILLINOIS, 7/16/18

The escalating trade issues between the U.S. and many of our trading partners continue to affect the outlook in both corn and soybean markets. Drastic price declines since Memorial Day show the impact of trade uncertainty and yield potential. The prospect of large yields combined with trade issues set the baseline for determining export potential and price formation in both corn and soybean markets moving forward.

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