In today's episode, we will be discussing the recently released Ag Forum numbers that came out around 6 a.m. As expected, the numbers are fairly bearish, with increased yield projections for corn, beans, and wheat, as well as higher carryout numbers for these crops. The export numbers are also expected to rise, which could potentially provide some bullishness to the market.
However, overall, there isn't much of a major change from what the trade was anticipating. So, while we were expecting a bearish report and have already seen some selling off, this ag forum doesn't throw any curveballs at us. It's pretty much in line with expectations, maintaining the status quo.
