HUGE Corn Yield Estimate from StoneX - Fair or Foul??

Joe's Premium Subscription: www.standardgrain.comGrain Markets and Other Stuff Links-Apple PodcastsSpotifyTikTokYouTubeFutures and options trading involves risk of loss and is not suitable for everyone.0:00 Subscribe to the Channel!1:01 StoneX Estimates5:22 Corn Selloff7:05 Crop Conditions11:37 Brazil Harvest12:56 Strong Shipments🌽📊 StoneX Sees RECORD Corn Yield! Soybeans Also Strong 💪👀 A well-followed private group, StoneX, just dropped massive US crop estimates based on their customer survey… and the numbers are way above USDA’s latest!🌽 Corn Yield:🔹 188.1 bpa vs. USDA’s 181.0🔹 16.32B bushels vs. USDA’s 15.71B🌱 Soybean Yield:🔹 53.6 bpa vs. USDA’s 52.5🔹 4.43B bushels vs. USDA’s 4.34BThese estimates are based on input from StoneX’s grain-buying customers & agronomists 🧑‍🌾📋 📉 Market Reaction:Corn futures sank again on Monday, with the Dec25 contract hitting a new life-of-contract low at $4.07/bu. Favorable US weather 🌤️ and a record Brazilian crop 🌎🌽 are dragging prices down.🌾 Crop Conditions:✅ US Corn: 73% G/E – 2nd best in a decade!✅ US Soybeans: 69% G/E – Highest since 2020📉 US Spring Wheat: 48% G/E – down for a 3rd straight week🚜 Winter Wheat: 86% harvested and nearly wrapped up🇧🇷 Brazil Corn Harvest:⏳ Behind last year’s pace, but picking up fast!📦 Total corn crop pegged at a record 136.3mmt🚢 Export Inspections:🔸 Corn: 1.2mmt (📉 21% WoW)🔸 Soybeans: 612k mt (📈 130% YoY)🔸 Wheat: 599k mt (📈 107% WoW)👇 Drop your thoughts in the comments, and don’t forget to like 👍, subscribe 🔔, and share if this info helps you stay ahead of the market!#Corn #Soybeans #GrainMarkets #CropUpdate #StoneX #Futures #USDA #Wheat #AgNews #FarmEconomics 🌾🌽📈