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Tuesday, November 08, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are higher�as all eyes look to the US elections. Control of the White House and both chambers of Congress are up for grabs, and any surprise could shock the markets.

USDA's Supply and Demand report tomorrow is expected to have soybean yields increasing from last month's 51.4 bpa to 52.0. Production is expected to rise from 4.269 billion bushels in October to 4.314. With the higher production, the trade sees ending stocks revised up 420.