date:Jan 14, 2013
by 13 million bushels, but a decrease of 38 million bushels was reported. Most of the revision is due to feed use increasing by 35 million bushels. Seed use was also revised higher by 2 million bushels. Surprisingly, little was changed on the global marketplace for wheat. This weeks export sales report showed sales of 233,700 MT for marketing year 12/13 for wheat.
Fridays report gave the market direction for the weeks to come, which is a change of pace from the mundane trade we have seen this