Bracing for another bearish WASDE report
Story Date: 8/13/2020

 

Source: Todd Huffman, PROGRESSIVE FARMER, 8/12/20


USDA's lower-than-expected planting estimates in June gave corn and soybean prices a temporary reprieve, but both prices remain under bearish pressure. Wednesday's World Agricultural Supply and Demand Estimates (WASDE) report is likely to show higher crop estimates, boosted by several weeks of beneficial rains around most of the Corn Belt.

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