IARN – There was a little bit of buzz heading into the Quarterly Grain Stocks and Acreage reports today, with many analysts predicting a slight increase to corn acres in particular. However, the reports did not deliver on that, and the market prices were mostly unbothered. In the grain stocks report, corn stocks were down 7 percent from last year, while soybean stocks were up 4 percent. Allendale commodity broker Greg McBride gave a breakdown of the numbers.
Read more at Iowa Agribusiness Radio Network.
