USDA Quarterly Stocks Report Summary

Posted by Nogger - a legend in his own mind at 13:45 | Categorized as

Today's eagerly awaited June 1st quarterly stocks report from the USDA pegged corn stocks at 4.028 billion bushels, slightly above the average trade estimate of 3.925 billion.

Soybean stocks are seen at 0.676 billion bushels, again slightly higher that the average trade estimate of 0.669 billion.

Wheat stocks are pegged at 0.306 billion bushels, also slightly above the average trade estimate of 0.278 billion.