Corn:
Exports remain very strong and continue to pressure old crop carryout expectations
USDA likely still too high if shipment pace continues through summer
Weather into June and July is the key driver from here
Soybeans:
Crush demand remains the steady support base for the market
Exports are solid but not accelerating meaningfully
Acreage and yield uncertain…
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Previewing Tuesday's WASDE Report
We see grain markets balancing strong export demand, USDA expectations, weather uncertainty, crude oil volatility, and cattle markets adjusting with technical support and recovery potential.
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