USDA August 12, 2024
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Started by metmike - Aug. 12, 2024, 1:36 p.m.

BEARISH beans. Another new record, thanks in a big way  to the rising CO2 adding 26% from photosynthesis, along with the best weather/climate for growing crops(the last 3 decades) since humans have been recording weather.


All trade estimates for USDA's reports due Monday at 11 am CDT. Market will focus most heavily on US corn and soybean production, where record yields are expected. US wheat production is seen a little higher than last month.

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