Markets surprised by WASDE report
Story Date: 9/14/2017

 

Source: Rhonda Garrison, SOUTHERN FARM NETWORK, 9/14/17

The September USDA Supply and Demand Estimate/Crop Production numbers caught the markets by surprise on Tuesday. Joe Vaclavik, President of Standard Grain in Chicago, said the corn and soybean numbers were the biggest surprise…
“Both of which went up from USDA’s August forecast.  That was not expected, I think the vast majority of the trade had expected smaller yield numbers versus August, so this...

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