USDA set corn and wheat stocks much higher than trade expected in this morning's report, while soybeans were more or less neutral. The numbers don't really make sense although some of this may already have been factored into the markets. To listen to Arlan Suderman and John Jenkinson talk about the markets on The Ag Network use the audio player on this page.
Arlan Suderman is Market Analyst for Farm Futures magazine and FarmFutures.com. He has served on the staff of Farm Progress Cos. since May 2000, providing market analysis and commentary for its family of 18 state and regional publications. His Afternoon Recap provides market analysis on this site each afternoon that the grain trade is open. Suderman also provides real-time market commentary via Twitter at twitter.com/ArlanFF101. Suderman brings a wealth of hands-on experience to the table after completing his Certified Crop Advisor status in 1997 while serving in the Kansas Extension Service.