News Details

2019 USDA March Planting & Grain Stocks Report bearish corn 92.72 million acres above expectations but bullish soybeans at 84.617 below

(Mar 29, 2019)
All US wheat acres down 2 mln acres from last year. Spring and durum came in well below expectations, wheat stocks above. U.S. planted acres. All wheat acres at low end of the range at 45.9 million and below expectations. U.S. March 1 stocks: corn above expectations and soybeans above expectations (record large).
Maurizio “Moe” Agostino
Moe is the Chief Commodity Strategist. He is responsible for developing plans and assisting clients in the feed, grain and livestock industry to help them protect themselves from commodity price swings. Moe holds a Derivatives Market Specialist (DMS) designation as well as an Honors Degree in Business Administration. Moe has more than 15 years of financial services industry experience.