date:Sep 09, 2014
short in the market may be taking profits before the USDAs world supply and demand report set for 11 September, the bank said.
US farmers may harvest 14.276 billion bushels of corn, topping the USDAs forecast of a record 14.032 billion bushels on 12 August, according to a survey of 32 analysts and traders by Bloomberg News.
Wheat for December delivery advanced 0.6 percent to $5.385 a bushel. Soybeans for delivery in November rose 0.4 percent to $10.26 a bushel.