date:Sep 29, 2012
mmodity Investment Co. analyst says the report is surprisingly bearish to the soybeans at 169 million bushels.
Corn was bullish and may stop the bleeding to the downside. The report is friendly for wheat, Ward says.
Ward adds, Thankfully, they (USDA) found more soybeans, because China is buying more than we have to sell. So, this is just some more that we can sell.
Overall, this report should put in some sort of bottom on the corn, Ward says.
Sal Gilbertie, Teucrium Trading, Inc. says dem