Weekly Outlook: Corn Acreage Jumps, Large Stocks

US - Estimates in the USDA's June 1 Grain Stocks and Acreage reports were generally very negative for corn price prospects as those estimates exceeded expectations, writes Darrel Good. Acreage of wheat also exceeded expectations. Estimates were closer to expectations for soybeans, but point to ample supplies during the year ahead.
calendar icon 1 July 2009
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