Posted 2/8/2024 11:35 (#10614361 - in reply to #10614325) Subject: RE: South America
I would say the report was more bearish than bullish. They increased the carryout on soybeans to 315 and increased the carryout on corn as well. The CONAB report was definitely more bullish. The USDA just has their head up their rear end too much.
South America
