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1. I am intentionally going to propose a controversial hypothesis in this thread. My hypothesis is that #pftour20 is more valuable now than in the past due to the change last year in USDA yield estimation methodology. My point is not related to wind damage. That is separate.
2. Recall that USDA last year dropped the objective yield survey from the Aug corn and soybean crop report. I have been worried about this decision ever since it was announced. The justification for dropping the objective yield survey for Aug was never really provided by USDA.
3. I presume that the USDA had grounds for believing that the objective yield survey did not add that much information early in the corn and soybean yield forecast season. I am certainly not opposed to cost saving if accuracy is not sacrificed.
