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3 Factors That Could Jolt The Grain Markets
3 Factors that Could Jolt the Grain Markets
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Aug 31, 2017 at 11:04 AM CST
http://iowapublicradio.org/post/southern-storms-could-impact-iowa-grain-exports#stream/0
The
August Crop Production
report from USDA shocked the markets and slammed prices down. Why? After months of weather challenges in many corners of the Corn Belt, USDA barely lowered the national average corn yield to 169.5 bu. per acre for the 2017 growing season. Then it increased the national average soybean yield to 49.4 bu. per acre.