NEWS
USDA Reports Preview
Darin Newsom DTN Senior Analyst
Thu Feb 7, 2013 09:12 AM CST

OMAHA (DTN) -- The February round of USDA numbers usually creates little stir in the markets. However, 2013 will likely see increased interest in South American production estimates for both corn and soybeans. Australian wheat numbers could also spark trade excitement for a minute or two following release.

USDA will release its latest Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports at 11 a.m. CST Friday.

CORN

The domestic ending stocks estimate is expected to increase to 615 million bushels from January's 602 mb. Given the sloth-like pace of U.S. exports, the increase in ending stocks should ...

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