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Isaac Leaves Corn Yields ‘In Question’: Pro

Wednesday, 29 Aug 2012 | 5:55 PM ET

Rains from Hurricane Isaac will help some areas while hurting others, Bower Trading’s Jim Bower told CNBC on Wednesday.

“I do think the rains, though, from Tropical Storm Isaac will help the central and northern corn and soybean belt,” he said on “Fast Money.”

Isaac Leaves Corn Yields 'In Question': Pro
Rains from Hurricane Isaac will help some areas while hurting others, Bower Trading's Jim Bower told CNBC on Wednesday.

Bower said he didn’t think it would help the Mississippi Delta and Southern areas, adding that he thought the market would go “range-bound.”

“It’s very important for traders, investors to look at what yields are coming of the combines, not just the estimates,” he said. “The corn yield is very much in question.”

Trader disclosure: On Aug. 29, 2012, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders: Dan Nathan is long MS JAN 10/5 PUT SPREADS; Dan Nathan is long INTC SEPT 25/23 PUT SPREADS; Dan Nathan is long CSCO SEPT 17 PUTS; Dan Nathan is long SBUX SEPT 47 PUTS; Dan Nathan is long MSFT OCT 30/28 PUT SPREAD; Dan Nathan is long YUM OCT 62.5/55 PUT SPREAD; Pete Najarian is long AAPL; Pete Najarian is long C; Pete Najarian is long JPM CALLS; Pete Najarian is long INTC; Pete Najarian is long YHOO; Pete Najarian is long SBUX; Pete Najarian is long FB; Pete Najarian is long MSFT; Pete Najarian is long JOSB; Pete Najarian is long INTC; Pete Najarian is long MCP CALLS; Pete Najarian is long MCP; Stephanie Link is long AAPL; Stephanie Link is long JPM; Stephanie Link is long VALE; Stephanie Link is long EBAY; Stephanie Link is long COH; Stephanie Link is long NKE; Stephanie Link is long CVS; Josh Brown is long AAPL; Josh Brown is long WFC; Josh Brown is long GDX; Josh Brown is long XLU; Josh Brown is long XLF; Josh Brown is long WMT; Josh Brown is long TGT; Josh Brown is long CREE; Josh Brown is long ZNGA; Josh Brown is long MAKO.

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