By: Jeff Kaprelian – Grains finished mixed after today’s Quarterly Grain Stocks and Planted Acreage reports. These reports held few surprises, and the trade was exceptionally quiet after their release. Let’s get right into the numbers: U.S. quarterly stocks as of June 1 (in billions of bushels): USDA June 1…
Commentary
Overnight Market Update
By: Kelley Fornoff – Corn and soybeans are slightly lower overnight while wheat is slightly higher. At the break, September corn is 1’2 lower at 360’4 and August soybeans are 2’4 lower at 870’4. September Chicago wheat is 1’0 higher at 489’4, Kansas City is 0’6 higher at 479’0, and…