date:Aug 02, 2013
soybean planted acreage will rise to near 20 million hectares in 2013/14, up from 19.5 in 2012/13.
The USDA sees Argentina soybean production next year at 53.5 million tonnes, just short of a record high and against 50.3 million in the current marketing year.
Wheat Futures Closed Higher
September Wheat finished up 9 at 664 1/4, 1 1/2 off the high and 10 3/4 up from the low. December Wheat closed up 9 1/4 at 677. This was 11 1/4 up from the low and 2 1/4 off the high.
Wheat futures traded sha