Quite Friendly Corn
US New Crop Carryout 1,388 mil. bu.
1,402 expected
World New Crop Carryout 306.68 mil. mts.
312.4 expected
Negative Soybeans but not enough to change our expectations
Numbers reflect conditions as of August 1st, not August 12th
Increased bean yield, but reduced harvested acres
US New Crop Carryout 245 mil. bu.
230 expected
World New Crop Carryout 89.73 mil. mts.
88.95 expected
