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ADM Investor Services' February 2025 monthly overview says USDA left U.S. corn and soybean ending stocks unchanged, below expectations of a drop. Global corn and soybean stocks were cut, and Chinese import estimates were lowered.
The monthly wrap confirms that lower global stocks are supportive, but the flat U.S. balance sheet and weak initial reaction limit price upside. Feed buyers should watch the strength of U.S. usage data.
admis.comADMIS Research TeamFeb 24, 2025Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
