date:Jul 30, 2014
us years with very high corn yields.
On the other hand, average July precipitation will likely end up well below average, which is not characteristic of previous very high yielding years (farmdoc daily, July 9, 2014). If dry conditions persist in August, the U.S. average yield will likely still be very high, but perhaps fall short of some of the current lofty projections. If so, prices would increase modestly going into harvest.
After harvest, corn prices will be influenced by the strength of