Markets surprised by bigger crops

Markets surprised by bigger crops

THE U.S. Department of Agriculture's November crop report delivered a bearish blow to the crop markets as it forecast larger-than-expected U.S. corn and soybean harvests with corn at 13.65 billion bu. and soybeans at 3.98 billion bu.

Increases in corn and soybean crop sizes had been expected from the October report, but USDA's numbers topped the average trade forecast for corn and topped all estimates for soybeans.

USDA cut

All access premium subscription

This content requires a subscription to Feedstuffs in order to access. If you are a paid subscriber, use your email and password to Log In now.


Current Feedstuffs Subscribers: Online and mobile access are now included at no charge to you. To read this article, use your subscriber email and password to log-in to your account (or contact us for assistance in updating your account.)


Not Currently a Subscriber: Subscribe NOW to Feedstuffs and receive our print and/or digital publications, enewsletters and premium online content. Visit Feedstuffs.com and click on Subscribe at the top of the page for more information.


SUBSCRIBE NOW https://circulation.feedstuffs.com/Publications.aspx


TO RENEW YOUR SUBSCRIPTION https://circulation.feedstuffs.com/SubscriptionOffers.aspx


Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish