A Quick WASDE Review

Taking a quick look at the numbers from the USDA I think the interesting things to note are the corn yield and soybean ending stocks.

Corn sold off a touch as we saw a reasonably strong yield number.

Conversly with tighter than expected ending stocks for soybeans, they had a definite bid in them post report and closed strongly.

For wheat there appears to be plenty of supply around, however demand is also quite strong at the moment.