Nice surprises in today’s Grain Stocks report!

• Corn
  • Carry-in lowered for 2023/24
    • A surprise reduction in production
  • Soy complex
    • Soybean stocks up from September WASDE projections
      • Causing a ripple effect through the soy complex
    • Soybean oil: Good opportunity for futures coverage?
  • Wheat
    • Big surprise for wheat!
      • Yield increase well outweighs harvested acre decline
    • Stocks as expected at 178 billion bushels
  • Next webinar: Fall Market Outlook
    • Mark your calendars: Wednesday, Oct. 18, 2023, 11am PT / 2pm ET
    • Invites coming soon!

Host: Michael Caughlan, President & CEO
Expert: Nicole Thomas, Vice President – Information Services
Expert: Eric Thornton, Commodity Specialist