
The Ag View Pitch
#799 - “El Niño Rally? $5 Corn & $12 Beans” - Weekly Market Outlook: Aug 17-21
https://19-minutes.supercast.com Corn and soybean markets finished the week on a strong note after the latest USDA report, and Brian Split of AgMarket.net sees reasons for farmers to stay patient beyond their immediate harvest needs. Chris Barron and Brian break down the latest corn and soybean setup, including: December corn targets around $4.90, $5.00 and $5.05 Why $4.70 matters short term and $4.60 is a major line in the sand The $12 level in November soybeans and what could come next Strong corn demand and what tightening carry may be telling the market How to handle the “iffy bushels” that may exceed available storage Harvest basis, cash-flow needs and fall delivery decisions Why South American weather and a strengthening El Niño could become increasingly important Ways producers can manage downside risk without completely giving up upside Brian Split, AgMarket.net 815-665-0463 bsplitt@agmarket.net agmarket.net #GrainMarketing #CornMarket #Soybeans

