Pre-August US Crop/S&D Ideas - Despite Recent Dryness, Stronger Output Expected On Higher Ratings

What’s Ahead

The Chinese have made some very extensive corn and soybean purchases ahead of the upcoming weekend’s talks concerning the progress on this year’s Phase 1 Trade Agreement.

However, improving US crop ratings have limited price advances. Hold new crop sales at previous 15% level & disperse remaining 10% of your old-crop corn if you have strong new crop corn prospects in your field. 

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Disclaimer: The information contained in this report reflects the opinion of the author and should not be interpreted in any way to represent the thoughts of any futures brokerage firm or its ...

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