
Many are waiting patiently for Friday’s Grain Stocks report from USDA. The trade expects corn to be at 8.335 billion bushels and soybeans to be at 2.683 billion bushels, according to a survey from Reuters.
According to a report at Drover's, one analyst says the numbers could come in even lower than that because the harsh winter caused more feed use throughout the country.
While Dale Durcholz does think there’s potential for a grain production number shift, he says the winter farmers and feed yards have faced is more likely to be the cause of a grain stocks shift lower.