MARKETS NEWS
Under the Agridome
Philip Shaw DTN Columnist
Fri Aug 16, 2013 02:57 PM CDT

You have heard about the fog of war. That's the time, usually in the initial outbreak of battle, where nobody really knows what the truth is. Nobody really knows who has the advantage. War can be so violent, that sometimes the first casualty can be the truth. Today, when USDA released the prevented planting acres for 2013, it reminded me of that. They said U.S. farmers had been unable to plant 3.4 million acres of corn, 1.6 million acres of soybeans and 1.7 million acres of wheat. The market reacted reluctantly to the upside.

I say reluctantly because in many ...

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