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Beans (SOYB -2.6%) tumble as stronger Brazilian production has the USDA upping its forecast for...
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Friday, February 8, 3:40 PM ETBeans (SOYB -2.6%) tumble as stronger Brazilian production has the USDA upping its forecast for ending stockpiles by a greater-than-expected 1.1% to 60.1M tons. Estimated corn (CORN -0.5%) inventories are raised 5% to a 632M bushels, but it's not enough to send prices lower as the level remains the lowest in the U.S. since 1995.
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