date:Apr 01, 2014
l probably sow the most acres of soybeans ever, according to a survey of 34 analysts by Bloomberg News. The USDA will update its crop acreage outlook today at noon in Washington.
Rising Inventories
U.S. corn and soybeans inventories will increase under normal planting and growing weather conditions, Goldman Sachs Group analyst Damien Courvalin said in a March 10 report. World stockpiles of corn will jump 18 percent before this years Northern Hemisphere harvest to 158.5 million metric tons, the