Wheat
Corn, soybean and wheat stocks came in below expectations.
Planting intentions are near “perfectly opposite” to pre-report trade expectations.
Corn sales were within expectations while wheat sales disappointed.
Meteorologist Gail Martell provides her weather insight.
Says world food prices increased in February.
S&D tables released at 2012 Ag Outlook Forum.
Weekly highlights also note drought easing in Upper Midwest.
The next 30 days should hold excellent opportunity to sweep out some old crop inventory and advance sales for this summer’s crop.