date:Oct 12, 2018
imated in September is due for a raise, but arent we all? At 11 a.m. CDT Thursday, well get USDAs opinion.
For world numbers, Dow Jones estimates are consistent, expecting an increase in USDAs estimate of world ending corn stocks, from 157.0 to 159.2 million metric tons (mmt), or 6.27 bb. Keep in mind, USDAs ending stocks estimate for 2017-18 was 194.2 mmt (7.65 bb), so the market is still anticipating a significant drop in world ending corn stocks in the new season.
SOYBEANS
It is still too