USDA Report Expectations and Analysis
Feb 07, 2013
Huge soybean export sales supported old crop beans as the new crop contract ended the day down 12 cents. Corn and wheat also sold off one day before the February USDA WASDE report. Market expectations are for corn ending stocks to be increased by 16 million bushels, soybean ending stocks down 6 million bushels, and wheat ending stocks up 11 million bushels. Which demand side numbers could see revisions tomorrow? Brock and Logan discuss this and other issues impacting the grains right now.
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