Grain markets are bracing for increased volatility ahead of USDA’s Friday crop report. Ag Bull Trading market analyst Tommy Grisafi said updated corn and soybean yield estimates will be closely watched as harvest begins. “If the USDA stays above 180, that’ll be pretty bearish,” Grisafi said of the corn yield. “If they come in 178 or below in corn, that would be interesting.” Grisafi said soybean yields and acreage will also be important. “I do think there’s a chance that bean yields could be a little better. And one of the things we have to keep an eye on is just the overall acreage mix. Do they add more acres?”
