There was little positive news in Friday’s USDA reports. U.S. Commodities President Don Roose says the January report is dangerous because it has so many moving parts. “No doubt, the government threw a haymaker to us on the negative side,” said Roose. “Ending stocks on corn grew, soybeans grew, world ending stocks on corn and beans grew; if there is anything positive is the fact winter wheat acres were down more than the trade thought.”
