Inflation is declining, which in turn is helping to lower the value of the dollar, which in turn lowers the cost of U.S. goods in the export market, explains Randy Martinson of Martinson Ag Risk Management.
The biggest change in USDA's crop production report came in North Dakota where the average winter wheat yield increased 11 bushels per acre from June’s estimate to a new all-time record yield of 58 bushels.
Crop Progress report loses market influence as harvest begins agweek.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from agweek.com Daily Mail and Mail on Sunday newspapers.