Agfax
Cotton News
Comes partially at the expense of a smaller soybean crop.
Notes much-needed rains stabilized the winter wheat crop in areas of the FSU.
USDA crop progress and condition report highlights.
Rains along Mexico’s Gulf Coast benefit soil moisture.
Pegs 2012 winter wheat crop at 1.656 billion bushels.
Planting intentions are near “perfectly opposite” to pre-report trade expectations.
Corn sales were within expectations while wheat sales disappointed.