USDA provided a bullish surprise for soybeans in the October WASDE dropping yield to 49.8 bpa and leaving ending stocks at 200 million bushels. Corn and wheat numbers came in below September, but above expectations. Meanwhile live cattle failed after strong chart action early. Michelle Rook gets details from Brian Splitt of AgMarket.Net.
Soybeans Get Bullish Surprise in Report, Slightly Bearish for Corn and Wheat: Cattle Fail After Strong Chart Action
USDA provided a bullish surprise for soybeans in the WASDE. Corn and wheat numbers came in below September, but above expectations. Live Cattle fail. Michelle Rook talks with Brian Splitt of AgMarket.Net.
October 12, 2022 11:48 AM
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