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USDA Sep 30th Quarterly Report Recap

Report Highlights

  • USDA estimate of US Sep 1 corn stocks were lower than expected.
  • USDA estimate of US 2022 wheat crop was lower than expected. Should increase US 2023 acres
  • USDA estimate of US Sep 1 soybean stocks were higher than expected due to higher US 2021 crop

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Futures and options trading involve significant risk of loss and may not be suitable for everyone.  Therefore, carefully consider whether such trading is suitable for you in light of your financial condition.  The information and comments contained herein is provided by ADMIS and in no way should be construed to be information provided by ADM.  The author of this report did not have a financial interest in any of the contracts discussed in this report at the time the report was prepared.  The information provided is designed to assist in your analysis and evaluation of the futures and options markets.  However, any decisions you may make to buy, sell or hold a futures or options position on such research are entirely your own and not in any way deemed to be endorsed by or attributed to ADMIS. Copyright ADM Investor Services, Inc.

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