Planting Intentions Report Turns Focus to Weather

05:24PM Apr 02, 2015
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USDA's March 31 reports triggered corrective buying in the soybean market as planting intentions and March 1 stocks came in below expectations. Corn futures posted losses this week as the benchmark on acreage came in above expectations. Although wheat futures posted sharp losses on report day, building concerns about dryness in the Southern Plains renewed buying interest into week's end. With planting intentions out of the way, more focus will be placed on the weather as attention shifts to planting conditions and development of the winter wheat crop. We take a detailed look at report implications -- and much more -- in this week's Pro Farmer newsletter.

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