September ’16 USDA Stocks Report
Corn – Neutral
o Projection of 4.74 billion was in line with average trade estimate at 1.72 billion.
Soybeans – Neutral
o Projection of 197 million was in line with average trade estimates of 201 million.
•Wheat – Neutral
o Projection of 2.53 billion was on high side of the average trade estimate at 2.4 billion.
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September ’16 USDA Stocks Report