Just a note that USDA did released their July S&D. Full report can be found below.
http://usda.mannlib.cornell.edu/MannUsda/viewDocumentInfo.do?documentID=1194
Always like to look at market reaction to gage. Corn is most bearish number (at least US - smaller world corn carryover than old crop) but not unexpected from the market analysts I follow.
At 10:00 MDT, corn and wheat off slightly. Beans pretty much unchanged. Report not having a big impact on market.
Others thoughts?
http://usda.mannlib.cornell.edu/MannUsda/viewDocumentInfo.do?documentID=1194
Always like to look at market reaction to gage. Corn is most bearish number (at least US - smaller world corn carryover than old crop) but not unexpected from the market analysts I follow.
At 10:00 MDT, corn and wheat off slightly. Beans pretty much unchanged. Report not having a big impact on market.
Others thoughts?
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