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USDA.., great if you want CHEAP food

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  • fjlip
    Senior Member
    • Oct 2002
    • 9840
    #1

    USDA.., great if you want CHEAP food

    Corn ending stocks projected at 2.403 BBu, up 38% year to year

    Soybeans at 480 MBu, up 243% over a year ago

    Wheat at 1.143 BBu, up17%

    Great to be a producer!

    Read WASDE...http://www.usda.gov/oce/commodity/wasde/latest.pdf
    Tags: None
    • malleefarmer
      Senior Member
      • Nov 2005
      • 5424
      #2
      And prices rallied all good

        Comment

        • fjlip
          Senior Member
          • Oct 2002
          • 9840
          #3
          Canola and soyoil down, but for long term is not good news...too much supply

            Comment

            • errolanderson
              Senior Member
              • Jan 2012
              • 3131
              #4
              Tis the season to watch South American weather . . . .
              Soybeans up as traders watch Argentina dryness.

              USDA appeared neutral for U.S. ending stocks.
              Slightly bearish for global ending stocks. (IMO).

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