March WSDE Report

Published 03/11 2014 12:49PM

Updated 03/11 2014 01:00PM

The USDA Released their March World Supply & Demand Report...and even though there were few surprises, it did provide the market with a couple of note worthy items
The first relates to the fact that exports remain very strong especially for soybeans and secondly, that ending stock have tightened, in particular for corn. As a result the USDA did revise their price estimates for corn, wheat and soybeans. The next big report is this months' planting intentions report...but prior to that there are other market indicators that the trade is encouraging producers to keep an eye on.

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