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USDA to show higher soybean acreage, analysts say
date:Jun 29, 2012
ing plans.

For corn acreage, the market may only see a strong price reaction if the USDA's figure comes in more than one million acres above or below analysts' expectations, said Larry Glenn, a broker at Frontier Ag Inc., a commodities brokerage firm in Kansas. Otherwise, analysts said, traders of deferred corn futures may continue to focus more on weather forecasts.

07/01 08:43