Saturday, 29 June 2013
Chicago Slumps Following USDA Data, Nears Remain Tight Though
Posted on 03:50 by Unknown
28/06/13 -- Soycomplex: The USDA's capacity to spring a surprise knows no bounds. The market has done something dramatic in each of the last five years on the day of the June plantings and quarterly stocks report, and today didn't break that trend. This time it was corn where the curveball came from. For soybeans the USDA came out with a planted area estimate roughly in line with trade forecasts
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