Market lacks key outlet after large crop.

Seyfert spotlights higher production, new rail spurs.

Analyst sees upside for US corn production, Canadian wheat, US wheat exports.

Recent rains add quality challenges to large crop.

Wheat production lowered slightly from July; corn yield forecast record high. 

Based partly on all-wheat production down 1.2% from July.

15% increase over ’23 tour after checking 237 fields.

Durum wheat yield estimated at 45.6 bpa.

Wheat tour day 1 average tops 48.1 bpa a year ago.

Moisture mostly helpful, but may increase incidence of disease.