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Corn, wheat fall after USDA numbers

Soybeans were mostly lower. The trade is watching the weather, with some forecasts showing a more moderate pattern for parts of the region. The USDA says fewer acres than expected were planted in 2022, falling short of 90 million with around 16 million acres unplanted as of June 1st, while quarterly stocks were up on the year. Old crop soybean export sales were a net reduction and marketing year low following a cancellation by unknown destinations, while new crop failed to break 130,000 tons.

Corn, wheat fall after USDA numbers

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