June 11, 2020
Good Morning,
Corn is up 2 while soybeans and wheat are down 2 to ahead of today’s WASDE report that will be released at 11am central time. Estimates are listed below.
2019/20 US Carryout (billion bu.)
USDA June Ave. Est. USDA May
Corn 2.103 2.150 2.098
Soybeans .585 .577 .580
Wheat .983 .979 .978
2020/21 US Carryout (billion bu.)
USDA June Ave. Est. USDA May
Corn 3.323 3.360 3.318
Soybeans .395 .426 .405
Wheat .925 .897 .909
Check back after 11am to today’s numbers.
Have a Safe Day!
Garry Gard
920-348-6844
ggard@didionmilling.com