Fccoop

MARKET COMMENTARY

USDA report

Monday, November 10, 2014, 11:11 AM
Submitted by: Jon Setterdahl


Monthly USDA supply/demand report just issued.  National corn yield decreased a little, somewhat of a surprise.  Corn numbers are production 14.407Bln, yield 173.4bpa, carryout 2.008Bln.  Soybean yield raised a little.  Soybean production 3.958Bln, yield 47.5bpa, carryout 450Mln.   Soybean market selling off post report release and is now lower, corn bouncing around but remains in the green.

 

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