North Dakota soybean production up, corn down

Wheat drops

Wheat drops

The USDA has increased the 2017-'18 outlook for corn production in the September edition of its World Agricultural Supply and Demand Estimates report, noting greater feed and residual use, higher ending stocks and lower prices are also expected.

About 61% of the crop is in good or excellent condition, unchanged from last week but well below the stellar crop from a year ago when 74% earned top ratings.

N Korea hit with new United Nations sanctions over nuclear test
The reduction in oil sales to North Korea isn't expected to change Kim's calculus. "That is not acceptable", she said. It was the eighth series of sanctions imposed on North Korea since it first tested a nuclear device in 2006.

This week, 22% of the soybeans planted this spring are dropping their leaves.

Chicago Board of Trade (CBOT) grains futures closed mixed on Tuesday with the corn and soybean prices plunging due to higher official crop estimates. That's down 16 percent from last year's production. November soybeans fell 9.5 cents, or 0.99 percent, to 9.505 dollars per bushel.

Angry Adrian Peterson yells at Sean Payton, gives him the death stare
The first Monday Night Football games are set to kick-off tonight, following an incredible opening weekend of NFL action. This game may not determine everything, but it could well give an indication of where things are headed either way.

The U.S. Department of Agriculture in its September 12 Crop Production report forecast 2017 U.S. production of corn at 14.184 billion bushels, up 31.5 million bushels from the August forecast but down 6% from previous year. Bushels per acre could see a 9 percent decrease from the 2016 harvest, according to an agency news release. The USDA soybean production and yield forecasts were above all trade expectations, which averaged 4.321 billion bushels and 48.7 bushels an acre, respectively.

Factoring in effects of hurricanes Harvey and Irma could change the picture though. Coastal flooding is expected to continue today with waves up to 8 feet tall along the Atlantic shore.

North Korea Threatens Unprecedented Suffering in Response to New UN Sanctions
More than 90 percent of North Korea's publicly reported 2016 exports were banned now under these new measures . Due to opposition, a proposed asset freeze and a complete travel ban on dictator Kim Jong-un were dropped.

Elsewhere in the Midwest, the maps look pretty quiet with only slight chances of rainfall in parts of western and north-central Nebraska, the NWS said.

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