U.S. Corn and Soybean Stocks Drop, Wheat Higher YOY
Grain and feed products were mixed throughout the week....
Global vegetable oil futures were lower on Friday, as traders adjusted positions ahead of the weekend. Soybean oil prices were down early in the day and extended lower after the noon release of the USDA’s latest Quarterly Stocks Report. The agency showed old U.S. soybean stocks at 268 million bushels as of September 1, down two percent on the year but well above the average market estimate of about 242 million bushels. On-farm soybean stocks totaled 72 million bushels... Read More