USDA Report Day

USDA issued four separate reports today…Crop Production Annual Summary, quarterly Grain Stocks, monthly supply/demand (WASDE), and the annual Winter Wheat Seedings. These reports will help the trade fine-tune their estimate of stocks at the end of the marketing year, August 31 for corn and soybeans and May 31 for wheat. They also start the discussion about acreage for 2020.

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