Source: MORNING AG CLIPS, 2/8/18

In February’s USDA World Agriculture Supply and Demand Estimates Report (WASDE), domestic corn ending stocks fell to 2.352 billion bushels, U.S. soybean ending stocks climbed to 530 million bushels and wheat ending stocks here in the states were raised to 1.009 billion bushels. For U.S. soybeans in particular, this was the 3rd straight WASDE report with a negative tinge and Mike Zuzolo with Global Commodity Analytics says some new factors may have farmers taking a second look at what they plant in 2018.

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