date:Mar 28, 2013
of uncertainty coming into the report as higher than expected feeding rates imply more rationing will be required in the next two quarters.
While the grain stocks survey will impact mostly old crop corn and soybeans, the planting intentions survey affects deferred grain futures and implicitly livestock and poultry production. USDA indicated in the February outlook forum that it expects farmers to plant about 96.5 million acres with corn. Private analysts, however, expect even more acres to go i