Cash Strategist 2-16-22
Author
Published
2/14/2022
Only minimal changes were made to the domestic side of the supply and demand figures last week in the USDA's February World Agricultural Supply and Demand Estimates (WASDE) update.
No changes were made to corn balance sheets, which left ending stocks estimated at 1.54 billion bushels. On soybeans, a 25 million bushel increase in crush put ending stocks at 325 million bushels. Wheat demand was trimmed 3 million bushels for food, 2 million bushels for seed and 15 million bushels for...
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