June ’15 USDA Stocks Report
Corn – Bullish
o Projection of 4.55 billion was below expectations with average trade estimate at 4.65 billion.
Soybeans – Bullish
o Projections were below expectations at 625 million bushels verse average estimates of 670 million.
Wheat – Neutral
o Projections were near expectations at 753 million bushels verse average estimates of 718 million.
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June 15 USDA Stocks Report