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Podcast: Grain Markets and Other Stuff
Episode: USDA Cuts Soybean Crop Estimate: Enough for a Rally??
Description: Joe's Premium Subscription: www.standardgrain.comGrain Markets and Other Stuff Links-Apple PodcastsSpotifyTikTokYouTubeFutures and options trading involves risk of loss and is not suitable for everyone.Here's a summary of the latest developments affecting agriculture and commodities markets:🌾 USDA Cuts Corn and Soybean Production EstimatesUSDA reduced its soybean yield estimate to 51.7 bpa from 53.1 bpa, cutting production by 121 million bushels. This was a surprise to the market. Demand estimates for soybeans were also lowered, particularly for crush and exports, though the...