FSA acreage data rallies grain futures
Story Date: 9/17/2013

Source: FARM FUTURES, 9/17/13

Grain futures were foundering overnight before USDA’s Farm Service Agency released its update on certified acres at 5 a.m. Traders appear to be treating the numbers like a regular acreage report from the government, not realizing the differences in the data, sending futures higher across the board.

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