Soybeans were the surprise in the seemingly always volatile Quarterly Grain Stocks report as soybeans saw a big jump in stocks. Wheat came in below the pre-report estimates and corn came in towards the high end of the pre-report range of estimates.
Jesse Allen talks with Arlan Suderman of StoneX about the numbers below:
Grain markets tipped over on Thursday after a decent start to the day. Soybeans, soybean oil and spring wheat led to the downside with a lot of pressure in the markets once again. Lean hogs […]
On Wednesday, we saw USDA release it’s biggest data set of the year with the January WASDE, Quarterly Grain Stocks, Winter Wheat Seedings, Final 2021/22 US Crop Production and South American Crop Estimates. We go […]
Another strong day in the grain trade today with lots of factors at play like weather, supply and demand, fund money and more coming into the market. The bullish momentum shows no signs of stopping. […]