Sunday Market Outlook: USDA Report Coming up Friday

Chris and Duane discuss late season rains and yield expectations as the market anxiously awaits Friday's USDA projections and harvest results. Much of today's podcast discusses the possible merit and need for price protection strategies after recent strength. Each producer needs to evaluate their own situations, but current prices may offer opportunities, as the harvest season and normal price pressures of the harvest season may still exert pressure on prices, unless USDA shocks the trade with much smaller ending stocks in Friday's report. We also explore possible opportunities in marketing the 2021 production.