date:Jan 16, 2013
The information included the final estimate of the size of the 2012 US corn and soybean crops, estimates of 1 December crop inventories, a winter wheat seedings estimate, and updated US and world supply and consumption forecasts for the current marketing year, writes Darrel Good.
For corn, the 2012 US crop is estimated at 10.78 billion bushels, 55 million larger than the November forecast. The estimate of planted acreage of corn for all purposes was increased by 209,000 acres, the estimate of a