The August WASDE report showed U.S. corn yields surging to a record 188.8 bushels per acre—up 7.8 from July’s estimate—pushing production to an unprecedented 16.7 billion bushels. The question now: will those figures hold as next week’s Midwest Crop Tour kicks off? Market attention is already shifting toward the grain demand balance sheet. In livestock, Nebraska cattle traded $4 higher than last week, with boxed beef strength helping fuel a rally. But as momentum builds, some are asking—are we entering another trade cycle?
Arlan Suderman with StoneX is on today’s market wrap up
