Bolt Marketing market analyst DuWayne Bosse says it will be a big day. “If you change acres, you drastically change the ending stocks. If you change yields, you don’t change it as much,” explains Bosse. “It is a huge report, with wide ranges of estimates when it comes to the old crop stocks. The grain trade is unsure of the report.” The USDA’s acreage and June 1 stocks report will be released at 11 a.m. on Thursday.
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