Fccoop

MARKET COMMENTARY

USDA Report

Tuesday, February 10, 2015, 11:02 AM
Submitted by: Dustin Weiner


The report was out at 11am, and there wasn’t much to see...  Projected soybean ending stocks were reduced 25 million from last month and projected corn ending stocks were reduced 50 million from last month.  At first glance, those numbers are a touch friendly to both commodities but none of this is shocking and currently corn is trading a couple cent weaker while soybeans bounce around on both sides of unchanged.  Yawn. 

 

Overall – this report was a dud and most traders have likely moved on to trading something else (weather, outside markets, etc).

 

@fccoopgrain

 

 

 

 

 

 

image001.png

 

« Back

© 2018 Landus Cooperative, All rights reserved.
Landus Cooperative
2321 North Loop Dr., STE 220
Ames, IA 50010
515-817-2100
Departments
Find Landus Cooperative on
facebook icon twitter icon youtube icon blog icon