By: Jeff Kaprelian – There was indeed a big surprise in today’s WASDE, but not one anyone really expected. The big shock was the world corn ending stocks figure. This huge revision, from 159.35 MMT to 307.51 MMT, came because of a decade-long revision to Chinese data. Ending stocks in…
Author: Kayln Klotz
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By: Dan Hueber – We were presented with an interesting spate of reports from China overnight as we await the USDA figures this morning. First of all, after supposedly overhauling years of data, they have determined that the corn crop last year in that country is 20% larger than previously…
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By: Dan Hueber – We were presented with an interesting spate of reports from China overnight as we await the USDA figures this morning. First of all, after supposedly overhauling years of data, they have determined that the corn crop last year in that country is 20% larger than previously…