The United States Department of Agriculture (USDA) National Ag Statistics Service (NASS) will be releasing their planted acreage and quarterly grain stocks report. Market Strategist Brian Grossman of Zaner Ag Hedge gives us thoughts on what we might see. The common denominator for both corn and soybeans is going to be carryover.
Grossman says the markets are going to be more affected by the quarterly grain stocks report, because of the weight it carries.
Grossman gives us his thoughts on what we may see on the corn side of the equation.
Is this enough to make the markets react with some volatility?
On soybeans, Grossman says the stocks will be high and will likely cast a shadow on the markets.
Brian Grossman is a Market Strategist for Zaner Ag Hedge. You can call him at (312) 277-0119 to help you develop a market strategy.