MaxYield Cooperative analyst Karl Setzer said the markets are trying to assess quarterly grain stocks data to determine carryout for both old crop and new crop.MaxYield thinks the markets could see old corn crop carryout stock dip to 560 million bushels (bu) and new crop total no more than 760 million bu in May. Soybean ending stocks are expected to hold at 150 million bu on old crop, but decline to 105 million bu on new crop, according to MaxYield.
Nat Gas, Oil Fall Before Storm Report: Market Bits
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