With markets moving based on the whether or not a "heat dome" settles over the cornbelt, the August USDA-NASS Crop Report becomes very important. The August report is the first to incorporate producer survey and objective yield data into the yield estimate. I will be attending the USDA lock-up in Washington D.C. on August 12th and will report to attendees of the PRX Seminar August 18-19 in Kansas City. Register here.
Updated client files based on the July 12th WASDE are available here.
The analysis above is not intended as a trade recommendation. The analysis and forecasts are based on available public data and on the best judgment of PRX, but cannot be guaranteed to conform to future reality.
