Pro Farmer Corn Yield Came In Low and Corn Rallied Hard

The Pro Farmer corn yield came in at 173.2 bushels per acre against the U.S. Department of Agriculture's 180.7, the widest gap on record. Bertrand Oesterle, StoneX VP of Clearing & Execution Sales, breaks down what the crop tour numbers did to corn, soybeans, rapeseed and wheat. U.S. corn crop conditions slipped to 57% good to excellent, below the five-year average for the first time this season, and corn rallied to a three-year high. Soybeans went the other way on a record yield estimate, small refinery exemption uncertainty and energy market weakness. Black Sea wheat exports, Ukraine rapeseed exports, China soybean buying and Panama Canal transit all get covered. Discover Actionable Insights with StoneX Market Intelligence: https://shop.stonex.com/collections/all?utm_source=youtube&utm_medium=social&utm_campaign=sxtv_guest_bertrand_oesterle&utm_content=share 00:00 - Two Verdicts From One Tour 00:39 - Corn Yield Gap Hits a Record 03:44 - Soybeans Break the Other Way 05:02 - China Makes Space to Buy More 06:13 - Rapeseed Rides the Rhine Back 07:21 - Black Sea Talks Go Nowhere 09:46 - Sudan Turns to French Wheat 12:20 - El Nino's Next Chokepoint Like and subscribe for more financial market insights. #Corn #StoneX #BertrandOesterle #Soybeans