Hit Radio KSKU 95.9 HK FM Mix 96.7 KMPK 98.9 KMCP 100.5 KNZS Rocks 106 Kicks Country KXKUHutch Daily Mac Daily Rice Daily

Soybeans mixed, corn, wheat down after USDA numbers

Soybeans were mixed on bull spreading. The USDA’s domestic production and ending stocks estimates were both a little bit larger than expected, with higher production canceling out greater crush use, and the world numbers were bearish. World ending stocks were higher with production slightly lower. The USDA did cut the crop guesses for Argentina, the European Union, and Mexico, but that was offset by the gain in the U.S. with no change for Brazil. USDA did raise the export outlook for Argentina slightly, while leaving exports for Brazil and imports by China steady with October.

Soybeans mixed, corn, wheat down after USDA numbers

https://www.clearancehutch.com