The model performed extremely well into and out of the USDA report.
Trends are up for corn, wheat, and soybeans.
Price objectives are shown. But trend duration objectives are more important and known as Critical Points.
Critical Points are discussed relative to the next 60 days.
No change for the CPT yield model. Cooler than normal Aug temps weighs on prior model stance for corn.
The Crop Progress report is due late today from USDA.
A long-term low in soybeans? Watch this podcast.
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