Mike McGinnis
06/30/2014 @ 10:09am (Click here to read complete new)
DES MOINES, Iowa (Agriculture.com)--The U.S. farmers planted a higher
amount of soybeans than the trade expected in 2014, according to the
USDA's June Acreage & Quarterly Stocks Reports released Monday.
As
a result, the CME Group futures markets are tracking sharply lower. For
instance, following the release of the report, old-crop soybeans
dropped 54 cents...
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Showing posts with label soybean. Show all posts
Showing posts with label soybean. Show all posts
Tuesday 1 July 2014
Soybean Acreage, Corn Stocks Numbers Sharply Bearish -- USDA
Jeff Caldwell
06/30/2014 @ 11:05am
Multimedia Editor for Agriculture.com and Successful Farming magazine. (Click here to complete new)
U.S. farmers have planted a whale of a soybean crop this year, and if that crop reaches fruition, it'll keep the bears fed for some time, analysts and traders say after soaking up Monday's USDA Quarterly Grain Stocks and June Acreage reports.
USDA pegged soybean acres for 2014 11% higher than last year at 84.8 million. That's more than 2 million higher than previous trade estimates, analysts say...
U.S. farmers have planted a whale of a soybean crop this year, and if that crop reaches fruition, it'll keep the bears fed for some time, analysts and traders say after soaking up Monday's USDA Quarterly Grain Stocks and June Acreage reports.
USDA pegged soybean acres for 2014 11% higher than last year at 84.8 million. That's more than 2 million higher than previous trade estimates, analysts say...
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