The USDA released their September 1 stocks report today and showed - TopicsExpress

The USDA released their September 1 stocks report today and showed higher remaining stocks for both corn and soybeans than the industry anticipated. That drove prices lower on the day. The availability of new crops is also pushing basis levels lower at the same time. We finished the day with a 4.64 bid on quick ship corn and 12.33 on soybeans. New crop prices for 2nd half Oct and all of November closed the day at $4.10.

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