Chicago Grains Close Mixed In Aftermath Of USDA Numbers

13/01/16 — Soycomplex: Beans closed firmer, adding to yesterday’s USDA inspired gains. Reduced US and world availability were supportive. IMEA today cut their forecast for the soybean crop in Brazil’s Mato Grosso state to 27.82 MMT, down 0.27 MMT from last year, and notably the first year-on-year decline since 2008/09. They see 30-35% of the state’s crop rated poor to very poor, 39% average and
Source: Market Reports