Weekly Market Outlook: Sep. 6-10th - Hurricane Damage and September USDA Report Driving the Markets

Chris talks with Peter Meyer with S&P Global Platts about market factors to watch in the week ahead. Pete explains how the damage from hurricane Ida is effecting flat price/basis for corn and soybean and that repairing the damage may take months. Pete also explains how the September USDA report uses an objective ear count to come up with yield. Don't be surprised if we see a yield adjustment. Acreage adjustments will likely be made in the September report as well. Finally, Pete and Chris discuss some considerations for marketing both the 2021 and 2022 crops.