WASDE Recap

U.S Soybean ending stocks showed lower than the average guess by traders in the WASDE report that came out at 11 a.m. Feb. 11th. Soybean ending stocks worldwide showed an increase with a large number of soybeans coming out of the Brazillian harvest. 

Corn showed unchanged compared to last month’s report and higher than the average guess by traders. 

*Pictures provided by Professional Ag Marketing

Markets showed little change although, lower after the report. Kansas City wheat with the most change on the day with 7 cent losses.