date:Mar 29, 2013
e average of trade expectations of 56.4 million acres, with the other spring wheat number above the average trade estimate of 12.5 million acres, durum well below the trade average of 2.1 million acres and winter wheat above the trade forecast of 41.8 million acres. The report, along with quarterly Grain Stocks data also released March 28, was called bearish for wheat futures prices, which along with corn and soy complex futures were trading sharply lower after the reports.
Acreage increases fr