Monday's Monthly USDA Report Deemed Neutral to Slightly Bearish for Grain Futures
date:Mar 12, 2014
changes on the supply or demand side of the balance sheet.

However, the estimate is about 12 million bu. below the average pre-report trade estimate. USDA now puts the national average on-farm U.S. cash wheat price at $6.75 to $6.95.

Attention of grain traders will now shift to upcoming planting conditions for U.S. corn and soybeans, especially since following a cold, snowy winter for much of the central U.S, and some weather forecasts for a cool early spring.


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