(NAFB) – The USDA released its April World Ag Supply and Demand Estimates report that didn’t contain many market-moving surprises. Your browser doesn’t support HTML5 audio Your browser doesn’t support HTML5 audio Your browser doesn’t support HTML5 audio Your browser doesn’t support HTML5 audio
Joe Vaclavik is the president of Standard Grain in Nashville, Tennessee. He says the USDA mainly tweaked some of the domestic numbers in corn, soybeans, and wheat.
There were a few smaller changes to the U.S. soybean and wheat numbers.
The more interesting changes came in world numbers, especially soybeans.
The global wheat numbers were also a bit surprising.