Early Harvest Price Action - Weekly Market Outlook: Sept. 16-20th
Peter Meyer visits with Chris in this week’s market outlook.
Pete explains some Key components of last week’s WASDE report.
He shares some USDA Maps that indicate a very large crop, especially in Iowa, Illinois, and a big chunk of Indiana.
The conversation continues with a discussion around possible price opportunities for both corn and soybeans as we begin harvest.
Throughout the conversation, Peter blends in some perspective with fund positioning,farmer selling, Brazilian weather, and actual yield data as we get deeper into harvest.