Play Turner's Take Ag Marketing Podcast Episode 346

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New Podcast

The Ag Forum leaned bearish for new crop corn with 91 million acres, a 181.5 bpa trend line yield, and nearly a 1.9 billion carryout.  That puts stock/usage at 13% and corn in an adequately supplied market.  Soybean acres are projected to be 87.5 million, with a 52 bpa and 290mm bushel carryout.  That puts stock/usage at 6.5% and still remains a tight market.  Wheat acres up nearly 4 million and only increases ending stocks from 568 to 608 million.  Wheat remains a tight market with MPLS and KC tighter than CHI.  We go over the implications and were we see the markets going in this week's Turner's Take Podcast!

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If you are having trouble listening to the podcast, please click here for Turner's Take Podcast episodes! Craig Turner - Commodity Futures Broker 312-706-7610 [email protected] Turner's Take Ag Marketing: https://www.turnerstakeag.com Twitter: @Turners_Take Contact Craig Turner