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Grain Hedge: Pre-report Trade Kept Markets Quiet Last Week
date:Jan 14, 2013
s a revision higher by 5 million bushels. Production increases for yield and harvested acres was reported almost as expected.

Counteracting the increase in production were demand increases. Crushings were increased 35 million bushels and residual use moved higher by 4 million bushels. Export sales revisions were expected but not reported. Export sales were reported of 321,800 MT for marketing year 12/13 in this weeks report.

For wheat, the average analyst guess is for ending stocks to decrease

12/24 06:21