100-Dollar-Ideas

New estimate is 2.5 MMT above USDA’s current peg.
Pegs 2012 winter wheat crop at 1.656 billion bushels.
Expanded trading hours begin May 14, 2012.
Corn planting running ahead of average pace.
La Nina continued to weaken in March.
Corn, soybean and wheat stocks came in below expectations.
Says Brazilian bean crop will be a big disappointment.
Says it will take two or three years before Mexico recovers from drought.
Sees corn, soybeans and all wheat acres up from 2011.
Says world food prices increased in February.
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