Grains & Oilseeds with Craig Turner

Turner’s Take Podcast | Crop Tour Argues For Lower Yields


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The Pro Farmer crop tour concluded this week and they are projecting corn yields at 172 bpa and soybeans 49.7.  That puts corn around 1.9 billion bu ending stocks with a 13% stock/usage ratio.  That is an adequately supplied corn market.  The drop in soybean yield puts ending stocks around 175mm bu and a 4% stock/usage. That is tight.  We could see some big rallies in the oilseed markets the fall/winter if S. America has weather issues. If want to hear more about our reaction to the crop tour then please take a listen to 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
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Grains & Oilseeds with Craig TurnerBy Craig Turner and StoneX

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