Source: FARM FUTURES, 4/5/12
The ink is barely dry on USDA’s big March 30 reports, but it’s time for more numbers from the government. The agency updates its 2011 crop balance sheets for both the U.S. and around the world. Traders expect lower carryout estimates for corn, soybeans and wheat, but Farm Futures believes the cuts could be more than traders anticipate.
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