News & Publications
August 14, 2024 |
August Supply and Demand Report Highlights
Ag Marketing IQ: The latest WASDE data from USDA proves somewhat favorable for corn and bearish on soybeans.
Monday’s World Agricultural Supply and Demand Estimates report from USDA was a somewhat friendly report for the corn market.
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Production came in at 15.147 billion bushels, which is 23 million bushels above the average trade estimate.
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The ending stocks estimate for the 2024-25 crop of 2.073 billion was 46 mbu below the trade average.
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