USDA report spooks the market

By Mathew Patterson
Updated December 30 2015 - 10:40pm, first published July 2 2014 - 6:00pm

GRAIN markets both at home and abroad have taken a blow this week at the hands of the US Department of Agriculture (USDA) - who issued an unexpectedly bearish set of June 30 US stocks and acreage estimates, particularly for soybeans.