On The Money Grain Commentary 3-15-12
Corn Outlook: Old crop corn is underpinned from tight stocks and optimism that China will boost imports. Meanwhile, forecasts for increased acreage and a bigger supply overhangs new crop. Informa Economics in their latest estimate projects acres planted this spring at 95.5 million. If realized, ending stocks next fall could top 1.8 BB. USDA[…]