As Dry Weather Takes a Toll On Crops, It's a Year Test Weights and Seed Size Could Now Eat Into Yields
Chip Nellinger of Blue Reef Agri-Marketing says the markets are starting to sense the possibility of additional yield cuts for corn in future USDA reports, but it's still too early for soybeans. Some of it depends on how USDA takes yield and crop samples, adds Dan Basse of AgResource Company.
There are just over two weeks for Congress to pass 12 spending bills to avoid a total government shutdown. If time runs out, one analyst says that could mean no USDA report in October.
Doug Hensley from Hertz Real Estate answers the question, "How much do crop prices impact the decision-making process of farmland buyers" and shares how this year is shaping up to be a bit busier than anticipated.