Fri. WASDE neutral to slightly positive

Friday’s USDA WASDE report was neutral to slightly positive in general.

Corn average guess for carryout ending stocks of the 25-26 crop year came in slightly lower than expected. For soybeans, 337 million was the guess and they came in at 330. Next year’s ending stocks for corn was at 1.79 billion, lower than the average trade guess. Soybeans were at 310 million and the average guess was 332.

Wheat at 7.22 is the only one that is a little higher, the average was 7.18.