# Midsummer dream – or nightmare? - HighLine Grain Growers, Inc

> HighLine Grain's midsummer commentary says November soybeans held near $13 and December corn rallied above $6 after falling to the lowest since January. USDA's July WASDE left yield estimates unchanged, and speculators cut bullish bets in agriculture to a near two-year low.

- Date: 2022-07-18 · published 2022-07-18T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/40399-midsummer-dream-or-nightmare-highline-grain-growers-inc
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Unchanged USDA yield placeholders and easing crop ratings leave prices reliant on weather, with a possible rebound if heat persists, though fund selling caps near-term upside.

## Read by commodity

- SOY: neutral
- CORN: neutral

## Sources

- highlinegrain.com: https://highlinegrain.com/story-midsummer-dream-nightmare-22-225980

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.