date:Oct 22, 2012
week in addition to fears that Ukraine's corn production may be overstated by the USDA at 21 million tonnes.
A closely followed private grain analyst released their 2013 corn planting and production intentions midday and pegged corn planting at 97.536 million acres which was practically unchanged from their previous estimate. Corn production saw a very modest decline and was pegged at 14.620 billion bushels.
The market sentiment felt positive for most of the day but very poor trade in the o