date:Mar 12, 2014
Grain futures markets retained their weaker daily postures in the wake of Monday's monthly USDA supply and demand report.
Corn and soybeans did slightly extend their earlier losses after the release of the government data.
The carryover updates for corn and wheat came in below pre-report trade expectations and soybean carryover came in slightly higher than traders expected.
For 2013-14 U.S. carryover, corn came in at 1.456 billion bushels in March, down from the February USDA figure of 1.481