Column: Is there a corn or bean yield story post-US crop tour?
NAPERVILLE, Illinois, Aug 28 (Reuters) – Every year in late August, the grain market carefully watches the Pro Farmer Crop Tour to gauge whether current U.S. corn and soybean harvest assumptions are sound, and they might have been this year if not for recent weather.
Most of the state-level tour results did not heavily dispute the U.S. Department of Agriculture’s yield predictions from earlier this month, though the Corn Belt is amid its third consecutive dry week, and last week’s heat accelerated crop stress.