date:Apr 01, 2014
also below the average trade estimate of 12.2 million acres but durum was above the trade average of 1.7 million acres.
The plantings report, along with the U.S.D.A.s Grain Stocks report also released at 11:00 a.m. Central Time, resulted in corn futures trading slightly higher shortly after the report, with old crop soybean futures posting gains. Wheat futures continued to trade lower after the report as they did earlier in the morning.
Concerning winter wheat planted area, the U.S.D.A. said,