Mar 28th 2013
Grain Marketing Specialist
USDA Mar 1 stocks and 2013 planting intentions report will be released at 11 a.m. cst. This morning we will likely have light trade until report data is released. Below is a convenience table that I will update shortly after the report release.
Markets will be closed tomorrow.
Corn: As of 7:30- 1 higher
Corn was higher yesterday on pre report positioning. Ethanol production down 4 for the week to 804. Export sales this morning at 92,200 for 12-13 and 183,300 for 13-14.
Soybeans: As of 7:30- 1 lower
Soybeans higher yesterday on positioning as well, also ideas that any increase in logistical problems in SA would push demand for soybeans to the US. Export sales this morning at 66,400 for 12-13 and 607,700 for 13-14.
Wheat: As of 7:30- 3-4 higher
Wheat led the way higher yesterday on ideas of frost damage. Export sales this morning at 580,300 for 12-13 and 248,300 for 13-14.