#797 - “183+ Corn Yield? USDA Report Risk & Harvest Basis” - Weekly Market Outlook: Aug 10-14

https://19-minutes.supercast.comThe August 12 USDA report could quickly reset the corn and soybean markets as harvest approaches. Chris Barron is joined by Daniel Elsner of Cargill in Cedar Rapids, Iowa, to break down national corn yield expectations, possible acreage changes, technical resistance, and the market signals farmers should watch heading into August 10-14.The corn market appears to be trading a national yield near 182 to 183 bushels per acre. Daniel explains why a number above 183 could pressure corn prices, why nearby resistance may limit corn’s short-term upside, and why November soybeans currently have a stronger technical setup. They also discuss how quickly an initial bullish reaction to the USDA report could reverse.For farmers, the conversation turns to decisions that cannot wait: clearing remaining old-crop grain, estimating bushels without storage, finding local basis opportunities, and placing target orders before the report. With harvest approaching and storage potentially tighter than usual, communicating with local buyers and planning around the local harvest window could be just as important as the report itself.Topics include:August 12 USDA yield and acreage changesCorn yield expectations near 182 to 183 bushels per acreTechnical resistance limiting corn pricesShort-term upside potential in November soybeansOld-crop grain still sitting in storageHarvest timing and local basis opportunitiesPre-report rallies, price targets, and working ordersManaging uncommitted grain before harvestGuest: Daniel Elsner of Cargill in Cedar Rapids, Iowa.Subscribe to The Ag View Pitch for weekly grain market analysis and practical farm marketing strategies. Also check out 19 Minutes for more conversations about farm business and profitability.#GrainMarkets #CornPrices #USDAReport