The USDA has come out with its September WASDE report, and it has raised its US corn yield estimate from 169.5 bushels/acre to 169.9. This flew in the face of an average trade expectation of 168.2, but moved USDA closer to Gro’s 172 bushels/acre. Traders who acted on the Gro model’s bearish estimate before the report are enjoying favorable price action today.