Friday August 26, 2022

  • Markets higher to close out the week expecting a bullish boost from Pro Farmer 
  • Final Pro Farmer crop yield estimates for the U.S. average will be released later this afternoon as the tour concludes
  • Final state numbers from Pro Farmer tour come from Iowa and Minnesota 
    • Iowa corn pegged at 183.8 bu/ac – down from last year but equal to 3 year average
    • Iowa soybean pod count at 1,174 – also down from last year but slightly better than average
    • Minnesota corn pegged at 190.4 bu/ac – above both last year and average
    • Minnesota soybean pod count were also above average and last year at 1,101
  • Scattered rains to continue through the U.S. this weekend into next week