NEWS
Let the Guessing Games Begin
Todd Hultman DTN Grains Analyst
Tue May 6, 2014 06:36 AM CDT

Friday, May 9, 2014, USDA will release its first WASDE reports for the new 2014-15 season in corn and soybeans. This report will be widely discussed and analyzed by many -- even over-analyzed. However, please, please do not take this report seriously; this year's grain game has barely begun.

For corn and soybeans, USDA will use the acreage estimates from the March 31 Prospective Plantings report, 91.7 million acres for corn and 81.5 million acres for soybeans. That is still 4 million acres short of what corn and soybean plantings would have totaled in 2013, had there been no prevented ...

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