IARN — The January WASDE report was expected to bring bearish news to the grain markets, but we actually ended up seeing some bullish price action. The USDA made cuts to ending stocks and harvest acres for corn and soybeans, which were the primary forces behind the upward action. Allendale commodity broker Greg McBride provided a breakdown of this month’s WASDE report.
For more on this story visit the Iowa Agribusiness Radio Network.
Photo courtesy of the U.S. Department of Agriculture (USDA)
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