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Podcast: Grain Markets and Other Stuff
Episode: Is China BACK?? USDA's Upward Demand Revisions (Soybeans)
Description: Joe's Premium Subscription: www.standardgrain.comGrain Markets and Other Stuff Links-Apple PodcastsSpotifyGoogleTikTokYouTubeFutures and options trading involves risk of loss and is not suitable for everyone.Friday's USDA report brought few surprises, with old crop US balance sheets for corn and soybeans remaining unchanged, while the US wheat export projection saw a 15 million bushel cut. A small downward revision to Brazil's soybean crop estimate was made, although it remains above consensus. Notably, the report highlighted upward demand revisions for Chinese soybeans...