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U-S Corn, Soybean And Wheat Stocks All Higher Than Last Year

The USDA's latest grain stocks report puts supplies for corn, soybeans and wheat all higher than a year ago.

Corn stocks are estimated at 7 point 81 billion bushels - up 1 per cent from 2015.

Soybean stocks are an estimated 1 point 53 billion bushels, up 15 per cent.

And all wheat stocks are an estimated 1 point 37 billion bushels, up 20 per cent from a year ago.

DTN Analyst Todd Hultman calls this report neutral for corn and soybeans but slightly bearish for wheat.

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(Photo for FIFA World Cup courtesy of efks / Royalty-free / iStock / Getty Images Plus)

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