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USDA June Stocks and Acreage Numbers 6/28/24

These are Benson-Quinn's USDA Numbers.

We have no reason to think they are not actual USDA numbers.

If they are the actual numbers, some very big traders had them before the public did.

Buy corn, over sold before the report and the weather is turning dry.

 

The numbers were:

  • Bearish Corn

  • Friendly Soybeans

  • Neutral Wheat

 

One Hour after the report:

  • Dec corn -16

  • Nov beans +11

  • July CBOT wheat -8

  • July KC wheat -14

  • Sept Spring wheat -5


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