January 12th, 2015
Grain Marketing Specialist
USDA to release reports on production, supply and demand, grain stocks and winter wheat seedings at 11am!
These reports always have potential for large market swings. Do you have your targets in place?
Corn as of 8:00am 4 lower
Corn is lower ahead of report, as traders wait on the sidelines. Below is a chart showing estimates on today’s WASDE Report.
Soybeans as of 8:00am 5 lower
Soybeans are lower ahead of this mornings report. Below is a chart with estimates for the carryout numbers.
Wheat as of 8:00am 2 - 3 lower
Wheat is lower ahead of the report. Below is a chart with winter wheat seeding estimates.