With just a few weeks to go before the old crop campaign is completed, few anticipate any serious
revisions to the US and/or the World soybean matrixes. In the US, the crush may be raised between 10-
15 mil bushels,[…]
While the 2019/20 MY US crop numbers will not likely see any changes, the World wheat complex is always a fluid matrix for the WASDE Board, as they adjust and readjust continually to ‘make the numbers work’. Still, outside of a few minor revisions […]
The US corn market is in the final weeks of the 2019/20 MY, and there could be a few minor tweaks to the old crop balance sheet – although nothing as major as last month’s June-stocks report induced revisions. Still, despite some recent sales to China for old crop slots, more than a few analysts expect a small cut in the export shipment projection; we use unchanged. […]