A preview of the upcoming USDA reports – Voice Of Muscatine

A preview of the upcoming USDA reports

A chief commodities economist with StoneX Group says he’s anticipating a boost in U.S. corn and soybean production when USDA releases supply and demand data at the end of the week.

Arlan Suderman tells Brownfield “if we look at the average trade estimates, forecasters are looking for a little bit of an increase in soybeans and decrease in corn. We still think there’s a little more upside potential in the yield.”

Suderman says demand adjustments are also expected and it might not be positive news for the large supplies of U.S.

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