))
Grains & Oilseeds with Craig Turner | Ag Forum Estimates Larger Ending Stocks for 2024/25 Marketing Year
Manage episode 402630203 series 3019565
Content provided by Craig Turner and StoneX and Craig Turner. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Craig Turner and StoneX and Craig Turner or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
The Ag Forum has new crop endings stocks for corn, soybeans, and wheat expanding during the 2024/25 marketing year. Corn could be 2.5 billion and 18% stock to usage. Bearish! Soybeans at 87.5mm acres, a 52 yield, and 400 carryout is neutral but prices are still historically elevated. Wheat acres are lower but a higher yield increases ending stocks to around 700mm. Moral of the story is the grain and oilseed markets are transitioning from tight/adequate stocks levels to adequate/burdensome stock levels.
For the free weekly newsletter that has supporting information for the podcast, please check out Grains & Oilseeds with Craig Turner newsletter.
Also make sure to follow me on twitter (x) here: @CornWheatSoy
Premium Daily Newsletter for Producers: Grains & Oilseeds with Craig Turner - Premium Producers
Premium Daily Newsletter for Consumers: Contact Craig Turner via email or phone
CLICK HERE TO OPEN AN ACCOUNT WITH CRAIG TURNER & STONEX
Craig Turner – Commodity Futures Broker
312-706-7610
20 episodes
Share
