The USDA published an updated crop report, specifically on stockpiles today. Corn stockpiles were estimated at 1,738 million bu, which is below average trader forecasts. Interestingly enough, it is roughly the same as last year at this time, despite the good crop last year. This, to me indicates strong demand which is good news as… CLICK HERE to Read More
Monthly Archives: September 2016
Sept 12th USDA Report Summary
The Monday USDA report pegged 2016 US corn production slightly lower than the August report, which the market had predicted would happen. Yield was reduced to 174.4 b/acre from 175.1 bu per acre from August. That said, it is still predicted higher than the other guessers in the market so the impact on corn futures… CLICK HERE to Read More