Analysis of July 11 USDA Reports

Few Surprises for Grains

Heading into USDA's July round of Supply and Demand and Crop Production reports, thoughts were that the numbers would give even more strength to the bears with domestic and global ending stocks increasing for the three major grains (corn, soybeans and wheat). So when the reports were released and the numbers came in larger than last month, few should have been surprised. However, the interesting part was how USDA got there.

Read full report

Disclaimer: This information was obtained from sources believed to be reliable, but we do not guarantee its accuracy. Neither the information nor any opinion expressed therein constitutes a solicitation of the purchase or sale of any futures or options contracts.