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Grains soar as the USDA lowers its estimate of corn ending stocks to 619M bushels from 733M in...

Grains soar as the USDA lowers its estimate of corn ending stocks to 619M bushels from 733M in September. The cut comes even as it raises its forecast of harvested acres to 360K. What happens, asks Arlan Suderman, if the USDA is forced to cut harvested acres in its next report? Yikes. Corn +4%, Beans +2.1%, Wheat +1.5%.
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Comments (2)
  • youngman442002
    , contributor
    Comments (5131) | Send Message
     
    If you are a farmer who was smart enough to build storage units...I would store it.....sell it later...
    11 Oct 2012, 09:23 AM Reply Like
  • donnalee
    , contributor
    Comment (1) | Send Message
     
    I wish this stock would go up as fast as the prices for groceries at my local market.
    15 Oct 2012, 09:36 PM Reply Like
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