StoneX has released its latest customer survey on this year’s corn and soybean crops. Arlan Suderman with StoneX breaks down the numbers, the soybean balance sheet, and the lack of Chinese buying from the U.S. He also looks at 32 years of USDA corn data to project what we might see in this month’s reports. Tariffs take effect tomorrow, and Fed Chairman Powell’s vested interest in agriculture is also in focus. Meanwhile, cattle turned the market around, closing the trading day in the green.
Wednesday Market Wrap Up with Arlan Suderman with StoneX…