Kamis, 31 Maret 2011

Agricultural News March 31, 2011

The USDA acreage intention report that everyone has been anxiously awaiting came out today: USDA’s Prospective Plantings report indicated corn planted acreage would be up 5% from last year, soybean acreage would be down 1%, and wheat acreage would be up 8%. The Quarterly Grain Stocks Report indicated corn stocks are down 15% from last year, soybean stocks are down 2%, and wheat stocks are up 5%