Loading…
The national average corn yield is expected to reach a record 175.4 bushels per acre, and Illinois yields are near 198 bushels. The November 9 WASDE report was seen as bearish for corn, and crop prices and ag equipment stocks fell after it.
Record yields and higher world ending stocks add supply pressure to corn and soybean prices, which weighs on feed costs for buyers and the outlook for farm spending.
farm-equipment.comDave KanickiNov 24, 2017Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
