News & Publications
October 15, 2024 |
What’s for breakfast?
Ag Marketing IQ: U.S. grain markets largely yawned over mildly negative numbers in USDA’s supply and demand report for October 2024.
Well, as one seasoned broker used to say, post-report: What’s for breakfast? The Oct. 11 WASDE report was sort of a non-event as far as the U.S. 2024-25 balance sheet for corn was concerned. Harvested acres were left unchanged. Yield came in 0.3 of a bushel above the trade average. Production was 30 million above the trade average. ...