Sept ’14 USDA Stocks Report
Corn – Bearish
o Projections of 1.24 billion were above expectations with average trade estimates near 1.19 billion.
Soybeans – Bullish
o Projections were below expectations at 92 million bushels versus average estimates of 125 million.
Wheat – Neutral
o Projections were near expectations at 1.87 billion bushels versus average estimates of 1.88 billion.