USDA reports held a bullish surprise for soybeans with around 4 million less soybean acres and lower stocks, with a bearish surprise in higher corn acres. Wheat saw slightly lower acreage and stocks verses expectations. What does it mean for prices? John Heinberg, Total Farm Marketing has details.
USDA Reports Hold Bullish Surprise for Beans, But Bearish for Corn
USDA reports had a bullish surprise for soybeans w/around 4 million less acres & lower stocks, but bearish for corn with 94.1 ma. Wheat acreage and stocks slightly lower acreage. John Heinberg, Total Farm Marketing.
June 30, 2023 11:46 AM
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