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RECORD HARVEST LEVELS NOT LIKELY THIS YEAR

Crop condition ratings for corn and soybeans are below year-ago levels, as recorded in the USDA’s latest crop conditions report this week. 
 
American Farm Bureau Federation market intelligence director John Newton says this year has been a challenge for growers, with excessive moisture and planting delays this spring, and drought conditions in parts of the upper Midwest.
 
          
 
Newton says the upcoming crop production report next week could provide better market direction heading into harvest season.
 
    
 
Newton says more data is available regarding yield expectations on the Farm Bureau Market Intel webpage.
 
 
That information can be found at FB.org/marketintel.

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