Monday, March 31, 2008

USDA Planting Intentions Report Released

3/31 Editor's note - Click here for coverage on the latest USDA Planting Intentions Report.
 
Report looks to be bullish for corn, bearish for what and beans. Full article from Farm Futures. And the markets are trading accordingly.

I just picked up a May corn contract at 576 - like the report, and overall strength the corn market has shown over the last several months.

Beans are really taking it on the chin, closing limit down.

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