Grain Stocks Report Hits Corn, Wheat Stages a Quiet Rally

The grain stocks report sent corn futures lower as inventories exceeded expectations, initially overshadowing supportive soybean and wheat stocks. Lane Dungan, StoneX Market Strategist, explains the corn selloff, wheat strength and modest soybean gains. Weather shapes corn and soybean harvest progress, while managed money reshuffles positions around the report. Corn yield revisions in the U.S. Department of Agriculture World Agricultural Supply and Demand Estimates report are another harvest-season focus. Soybean gains fade near the close, with U.S.-China trade clarity also in focus. Discover Actionable Markets Insights with StoneX Market Intelligence: https://shop.stonex.com/collections/all?utm_source=youtube&utm_medium=social&utm_campaign=sxtv_guest_lane_dungan&utm_content=share 00:00 - Corn Stocks Surprise the Trade 01:57 - Wheat Strength After the Shock 02:18 - Corn and Soybean Harvest Drag 02:52 - Managed Money Reshuffles Corn 03:32 - WASDE and Corn Yield Stakes 04:19 - Soybeans and U.S.-China Doubts Like and subscribe for more financial market insights. #Corn #StoneX #LaneDungan #Wheat #Soybeans --------- Like this video? Subscribe and turn on notifications so you don't miss any videos from StoneX: https://www.youtube.com/@stonex_official Visit https://www.stonex.com/en/insights/thought-leadership/?utm_source=youtube&utm_medium=social for insights, perspectives and thought leadership from StoneX's global network of experts. Visit our website: https://www.stonex.com?utm_source=youtube&utm_medium=social