08/18/26 Afternoon CommStock Report – History Favors Additional Yield Cuts….But???

The Commstock Report is a twice daily market report. 08/18/2026 History Favors Additional Yield Cuts….But??? PLEASE REFER TO THE BROKER COMMENTARY PAGE FOR UPDATES!! Click Above to Watch Brian’s Afternoon Market Update I have always noticed how the general market sentiment is that August weather means very little to corn production as it is predominately “made” in the month of July. I have never understood that. To be clear, July weather has an oversized impact on yields, but the trade often acts like the crop has already been harvested and is in the bin. August weather can easily have 30+ bpa impact on final yields as both temperature and rainfall help the fill. Look no further than last year where yields were headed for 188.8+ bpa at the start of August, only to go through terrible conditions the second half of August. USDA was forced to backtrack, dropping yields 2.3 bpa by January due to disease and drought. Last week we pointed out that history favors the USDA decreasing yields between August and January. To be more precise, in the last ten years, the USDA decreased yields in seven out of the last ten years between August to January. So while chance favors a…