USDA: Ending Stocks Estimates
Like 'em or loathe 'em, and I think you know which camp I fall into by now, not that I make a habit of falling into camp things you understand, the entire global grain trade will be gathered round in a hushed and revered silence for the latest inane musings of the USDA on Friday.
So once again, just for old time's sake, here's what the trade (and I) think that Washington are going to come up with on Friday:
So once again, just for old time's sake, here's what the trade (and I) think that Washington are going to come up with on Friday:
Ending Stocks (bil bu) Nogger Avg Trade Range June USDA
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Corn 1.250 1.404 1.214-1.600 1.603
Beans 0.150 0.171 0.138-0.195 0.185
Wheat 0.970 0.968 0.940-0.973 0.930
