Thursday August 12, 2021

  • August USDA Supply and Demand report out at noon today
  • Overall biggest thing to watch in this report is what USDA will do to 2021 soybean and corn yields
    • Expectations are to see a slight decrease in yield for both commodities
  • Expecting to see an increase in both corn and Soys 2020/21 carryout as August is the last month of that marketing year and there is still demand expectations that have not been met