December 10, 2020
Good Morning,
Markets are quiet after the release of todays USDA report. Corn is currently unchanged and soybeans are up 8. Here are todays numbers.
USDA 2020/21 US grain ending stocks (Billion bu.)
| December Est. | November Est. | |
| Wheat | .862 | .877 |
| Corn | 1.702 | 1.702 |
| Soybeans | .175 | .190 |
USDA 2020/21 World ending stocks (Billion bu.)
| December Est. | November Est. | |
| Wheat | 316.50 | 320.45 |
| Corn | 288.96 | 291.43 |
| Soybeans | 85.64 | 86.52 |
As expected no real surprises. South American weather and Chinese purchases or cancelations will move the market either direction until the January report.
Have a Safe Day!
Garry Gard
920-348-6844
