USDA report triggers price increase
This morning’s USDA report had corn yield at 171.8, 83.1 million acres with stocks at 2.34 billion bushels.
Soybean yields were at 49.5 with acres at 89.5 million, up 800,000 and stocks at 430. Wheat stocks were at 960 million.
After the report was issued, corn was up 2, beans were up 19 and wheat down 0.5 cents.