So, this was the week for the November USDA WASDE Report and looking at the prices at the end of Friday it looks like much of a non-event.
The USDA increased expected corn yields for this year crop which pushed corn futures prices down to the low of the year. Corn stocks are forecasted to be at the highest level in 30 years. None of which was good news for prices or for farmers. However, things were not all that bad as corn futures were only down by about USD 3 m/t on the week...........please click PDF to see more details