Newsom on the Market

No Reason to Change

USDA's checklist of reasons to change U.S. production estimates is empty. (DTN file photo)
USDA's checklist of reasons to change U.S. production estimates is empty. (DTN file photo)
Once again, average pre-report estimates look to be overly optimistic that USDA will change its mind and drop corn yield expectations from August. Even standing pat on yield and production likely will have bearish effect.

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