date:Oct 01, 2012
d have been viewed as negative for prices.
Indeed, the USDA's previous two September 1 inventory report had found more corn than investors expected, prompting sharp price drops.
The prospect of the department again turning up larger stocks than forecast was seen as a big factor fuelling corn's recent price pullback from last month's record high.
Soybean surprise
Nonetheless, the report did maintain its reputation for surprises, but this time in soybeans, for which the inventory number at the