date:Sep 13, 2013
roduction would be the fourth largest on record, the U.S.D.A. said. Wheat production estimates will be updated in the U.S.D.A.s Sept. 30 Small Grains Summary.
The U.S.D.A. corn number was above the average pre-report trade estimate of 13,646 million bus. The soybean number matched the pre-report average of about 3,149 million bus.
New crop corn futures prices dropped about 10c a bu immediately after the report was released at 11:00 a.m. Central Time, while soybean futures were mixed but mostly