Grains end the day lower after USDA cut corn and soybean yields as well as ending stocks, partially because yields could get bigger with recent rains, but also because FSA acreage data was released on Friday. Wheat fell with higher ending stocks and Ukraine production. Cotton closed higher with a cut in production and ending stocks. Alan Brugler, Brugler Marketing, covers it all.
Grain Prices Fall After USDA Reports: Is It Because Yields Are Getting Bigger?
Grains closed lower after USDA’s August crop production and WASDE reports. Alan Brugler, Brugler Marketing, has all the details.
August 11, 2023 06:40 PM
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