“The USDA report this week was largely a nonevent in my opinion. New crop ending stocks came in at 2.1 billion bushels per USDA. Demand is okay, but supply side at this juncture matters most. Without a weather issue, there is no reason for the USDA to adjust ending stocks lower. Anything over a two-billion-bushel carry is not friendly for price and in my view and that may result in a futures price later this year closer to 4.00 rather than to challenge 5.00. This is unless beans and wheat stage a significant upside later this Summer. Watch the open Sunday night for the market's reaction to weather runs that may change next week,” said Sean Lusk with Barchart.