Corn Yield Revision Hurts Market Potential

Corn Numbers and Markets 081419
Hands shelling corn ( Darrell Smith )

Grain markets on Wednesday continue to trade lower on USDA's August Crop Production report. USDA raising its average yield forecast for corn to 169.5 after first calling for yields of 166 in June. 

As Tyne Morgan and Sam Hudson of Cornbelt Marketing discuss in a recent interview, that yield uncertainty may ultimately hurt market performance.

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