Agricultural News
Surprises in the latest round of USDA crop reports
Thu, 30 Jun 2011 08:05:52 CDT
The June 30, 2011 Grain Stocks and Planted Acreage report is out from USDA and it included some big surprises in both stocks numbers and planted acreage.
Wheat, corn and soybeans all saw larger grain stock numbers that what was anticipated. In the acreage report, USDA pushed the corn acreage higher than was estimated to the second highest number since World War II at 92.3 million acres. Soybeans and wheat came in a little lower than estimates.
You can check out the actual USDA numbers by clicking on the following link:
USDA Acreage Report
This report may have some controversy involved as the numbers are crunched through the day and you can hear Radio Oklahoma's Market Analyst, Tom Leffler, discuss the numbers by clicking on the listening bar below.
Tom Leffler analyzes the latest round of USDA crop reports
right-click to download mp3
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