23 Nov 2024
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As was to be expected the USDA Quarterly Stocks and Planting Intentions report was the excitement of the week. Reported stocks in the report were above what the trade had expected for both corn and soybeans and close to expectations for wheat – both corn and soybean stock levels were higher than March 2017 with soybean stocks much higher. Certainly bearish stocks for corn and soybeans...........please click PDF to see more details