Heading into August, the crop looks good but the prices not so much due to the weather. AgriVisor Senior Market Analyst Dale Durchholz says the forecast predicts warmer temperatures and above normal moisture through August. However, he says farmers need to reflect on the growing season as a whole looking into harvest.
Durchholz says he is conducting a preliminary report on yields ahead of the USDA report.
Durchholz estimates that soybeans will average around 47.