By: Dan Hueber – Well, that most certainly caught most everyone leaning the wrong way. As I commented yesterday morning, the trade was looking for neutral to positive changes in the USDA grain numbers and neutral to negative in beans and we received just the opposite. Without question, the biggest…
Commentary
Daily Comments
By: Dan Hueber – Well, that most certainly caught most everyone leaning the wrong way. As I commented yesterday morning, the trade was looking for neutral to positive changes in the USDA grain numbers and neutral to negative in beans and we received just the opposite. Without question, the biggest…
WASDE Recap
By: Jeff Kaprelian – Grains finished mixed after today’s surprise USDA report. Let’s get right into the numbers. Corn USDA raised the yield to 181.3 bpa. This is 2.9 bpa higher than last month and 3.5 bpa higher than the average trade estimate. Old crop ending stocks were cut 25…
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By: Dan Hueber – The final countdown to the September report is underway and gauging from the action this morning, it would appear the trade expects a neutral to positive figure for the grains and another confirmation of just how negative the overall soybean picture is today. We shall see…
Daily Comments
By: Dan Hueber – The final countdown to the September report is underway and gauging from the action this morning, it would appear the trade expects a neutral to positive figure for the grains and another confirmation of just how negative the overall soybean picture is today. We shall see…