date:Aug 15, 2013
Not surprisingly, futures markets reacted positively to that news. New crop corn contracts gained 9-1/4 to 10-3/4 cents per bushel while new crop beans rallied significantly, gaining 36-3/4 to 43 cents per bushel. New crop soybean meal rose by $13 to $16/ton on the news. Complete supply and utilization tables appear below.
Some highlights of the report are:
No changes for corn acres from their July report levels of 97.4 million acres planted and 89.1 million acres harvested. This is not a