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Agricultural News


The latest Supply/Demand and Ending Stock numbers from USDA fail to have a bullish overtone.

Fri, 10 Dec 2010 8:10:11 CST

The latest Supply/Demand and Ending Stock numbers from USDA fail to have a bullish overtone.

The latest numbers from USDA for Ending Stocks and Supply/Demand did not have a bullish overtone.




   

The USDA Supply and Demand Report showed corn ending stocks coming in higher than what the trade saw last month, soybeans were as expected with a decrease and wheat ending stocks coming in a lot higher than expected. A lot of traders were actually anticipating the world ending stock numbers which came in with mostly increased numbers for corn, wheat and soybeans. There isn't anything huge to move markets in this report except the fact there is not a bullish overtone to the numbers.

For a look at the latest numbers from USDA click on the pdf file link below:

02312_SUPPLYDEMAND.pdf
   


Click on the listening bar below to hear Market Analyst Tom Leffler's take on the latest USDA Crop numbers.

   



Tom Leffler crunches the numbers on the latest USDA Crop Numbers
right-click to download mp3

 

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