USDA Carryout Summary

Posted by Nogger - a legend in his own mind at 13:37 | Categorized as

Todays US 2008/09 closing stocks data from the USDA:

                    USDA Feb     Avg Guess    USDA Jan
Corn                 1.790         1.838       1.790
Soybeans             0.210         0.203       0.225
Wheat                0.655         0.649       0.655

The only significant difference to what was expected there is that they left corn ending stocks unchanged from last month, whereas a sizable increase was anticipated.