On The Money Grain Commentary 11-17-22

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Latest Supply and Demand report from USDA (9/10/10): Friendly for Corn, Slightly Negative for Wheat.

Corn: Endings stocks fell to 1.116 BB compared to 1.312 BB last month. Stocks-to-usage are in the lower third of the twenty-year range. World ending stocks are down in the lower third of the twenty-year range. The report is within expectations with nothing present to derail the rally in corn.    Soybeans:  Soybean yields for[…]