MARKETS NEWS
Jerry Gulke DTN Columnist
Mon Jul 29, 2013 07:48 AM CDT

Time finally ran out on old-crop corn/soybeans last week as most of the inverse in those markets evaporated quickly. It probably came as no surprise as most inverted markets governed by perceived tightness end -- it was not a matter of if, but when.

USDA is estimating we will end this marketing year on August 30 with something like 700 million to 800 million bushels of corn, and 140 million bushels of soybeans left over to carry in to the next marketing year beginning September 1. It will be interesting to find out in the next stocks-in-all positions report on ...

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