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WASDE Report

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    #1

    WASDE Report

    any surprises to any one?

    Just a tad bearish rather than neutral what I excepted
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    #2
    High global soybean stock levels... US finished Soybean harvest already! Better than expected US Soybean yield... Corn overall good too... US rail strike could be bad for Western US feedlots... who are short of feed... and trucks/diesel to move feed to cattle...

    What a gong show! Biden... gun pointed at agriculture... finger on trigger... pulling...

    What could possibly go wrong???

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