Ag Report: Grains Fall On USDA Data; Corn Market Still Tight, But Ukrainian Exports May Double

September 15, 2011

 

Finally, wheat also received some bearish news from the USDA. Ending stocks for the grain are now projected to total 761 million bushels, well above the 671 million projection of the prior month and the 663 million analysts expected. Production was projected to be 2.077 billion bushels, the same as last month.

Wheat prices were last trading at $6.91, down 1.25 percent since Monday.

 

 

 

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