USDA Data Pressures Corn, Soybean Markets.

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...