Group 1 - The U.S. is expected to see very large and possibly record-high corn and soybean production this fall, impacting grain futures markets [1] - An Allendale crop survey estimates the average U.S. corn yield at 187.5 bushels per acre, with total production at 16.631 billion bushels, and soybean yield at 53.3 bushels per acre, with production at 4.268 billion bushels [2] - The USDA will update its corn and soybean production estimates in its monthly supply and demand (WASDE) report [2] Group 2 - December soybean meal futures recently dropped to a four-week low, indicating potential volatility in grain prices [5] - December corn futures reached a six-week high before retreating, suggesting ongoing interest from traders [6] - The direction of grain futures markets may depend on the relative strength of corn prices compared to soybean meal prices [7] Group 3 - Despite some profit-taking, the corn futures market shows resilience, indicating a potential uptrend [9] - Increased harvest pressure and commercial hedge selling in the coming weeks may limit upside potential in corn futures prices [9]