Market Information

The USDA next week will complete its survey for the Crop Production report on Aug. 11. History shows the potential for a significant change in the U.S. soybean yield from the initial forecast to the final total. Plus, there is heightened uncertainty about the potential impact of warmer and drier than normal weather on pod fill during August as well as possibly more double crop acreage. As a student of the market, you realize this is a recipe for increased price volatility—and potential opportunity—ahead of harvest. As always, your Advance Trading advisor stands ready to help implement customized risk management strategies for your operation.

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