On The Money Grain Commentary 5-18-23

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Friday Grain Wrap-Up 9/10/10

Overview: There were no startling surprises in the crop production report today other than the soybean yield was higher than expected at 44.7 bpa. Meanwhile, traders expect the USDA to lower corn yields from 162.5 bpa in subsequent reports. Right now, the driving force in the grains is the funds, which are holding enormous long[…]