Traders will be watching ending stocks numbers closely in Friday’s supply and demand report from USDA. Progressive Ag Marketing market analyst Brian Strommen thinks traders will take a wait and see attitude on acreage going into the report. “We’ll wait and see if there are any adjustments to the numbers.” Weather will be the big story once we get past Friday’s report. “We’ll see what the demand picture looks like and then, we’ll see what happens with planting progress and moisture will be part of that.”
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